Address: 450 Paradise Isle Blvd, Hallandale Beach, FL 33009
Description
ONCE IN A LIFETIME UNIQUE OPPORTUNITY! Amazing Opportunity to Own this Beautiful Ground Lease in the City of Hallandale. It is a TRUE ISLAND, surrounded by over 2,200 linear feet of waterway on all 3 sides connected to the mainland by bridge... just 1 minute to the Intercoastal waterway. Lot size is 4.28 acres with 7 buildings comprised of #194 apartment units, recreational center, and #42 Boat slips and docks. Enjoy this No Responsibility Investment and watch your equity grow. Purchase this ground lease for a fraction of what it will be worth when it matures!!!
ONCE IN A LIFETIME UNIQUE OPPORTUNITY! Amazing Opportunity to Own this Beautiful Ground Lease in the City of Hallandale. It is a TRUE ISLAND, surrounded by over 2,200 linear feet of waterway on all 3 sides connected to the mainland by bridge... just 1 minute to the Intercoastal waterway. Lot size is 4.28 acres with 7 buildings comprised of #194 apartment units, recreational center, and #42 Boat slips and docks. Enjoy this No Responsibility Investment and watch your equity grow. Purchase this ground lease for a fraction of what it will be worth when it matures!!!
Features
Building and Construction
Surface Description: Paved Road
Property Information
Property Description: LAND LEASE (MULTI FAMILY)
Styleof Property: Income (Other)
Typeof Property: Other
Land Information
Lot Depth: 480
Lot Description: 2.5-5 Acres
Lot Frontage: 721
Total Acreage: 4.2800
Eco-Communities
Environmental Audit: Phase 1
Water Access: Deeded Dock
Water Description: Municipal Water
Water View: Other Water View
Waterfront Description: Basin, Canal Front, Canal Width 121 Feet Or More
Utilities
On Site Utilities: Cable Tv, Electric, Sewer, Water
Sewer Description: Public Sanitation
Utilities Available: Cable Tv, Electric, Other Utilities Available, Water
Finance and Tax Information
Sourceof Expenses: Owner Provided
Tax Year: 2023
Total Mortgage: 2100000
Other Features
Board Identifier: BeachesMLS
Comprehensive Plan Use: Other Plan Use
Country: United States
Geographic Area: Hollywood East (3010-3050)
Legal Description: ISLE OF PARADISE 59-8 B TRACT G-1
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