Apartment Complex with Boat
450 Paradise Isle Boulevard, Hallandale Beach, FL 33009
For Sale
$6,650,000
Commercial Sale, Hallandale Beach, FL
Property Size1,864,368 SF
Lot Size4.28 Acres
Price / SF$3.57
Days on Market142
Property Features for 450 Paradise Isle Boulevard
General Information
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Listing Agency:
Joe Caprio & Co. Real Estate
Listed By:
Joe F. Caprio · License FL #566559
(954) 434-1776
Added: Jun 24
Changed: Oct 31
Last Checked: Nov 12 at 9:06PM
MLS# B26044989
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This ground-lease apartment property occupies 4.28 acres on an island setting connected to the mainland by bridge. The improvements include 7 buildings containing 194 apartment units, a recreational center, and 42 boat slips with docks. Block and stucco construction dates to 1964, with central heating and central air conditioning. Assigned, guest, and boat parking are provided.
The site is surrounded by more than 2,200 linear feet of waterway on three sides and lies approximately 1 minute from the Intracoastal Waterway. Public water and public sewer serve the property, while cable is available. The property is zoned RM-18 and is located in Hallandale Beach, Florida.
The site is surrounded by more than 2,200 linear feet of waterway on three sides and lies approximately 1 minute from the Intracoastal Waterway. Public water and public sewer serve the property, while cable is available. The property is zoned RM-18 and is located in Hallandale Beach, Florida.
Key Highlights
- 4.28‑acre island property under a ground lease
- 7 buildings with 194 apartment units and a recreational center
- 42 boat slips and docks included
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,767
Businesses Nearby
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Demographics for 33009, FL
43,301
Population
31,020
Households
1.4
Avg Household Size
47
Median Age
36%
College-Educated
88%
High-School Grad
4.9 sq mi
ZIP Area
8,837
Density / Sq Mi
$48,196
Median Household Income
$33,928
Median Earnings
$1,576
Median Rent
$248,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Apartment building - Waterfront residential complex with recreation space, dock facilities, and bridge access to the mainland.
Where is this apartment building located?
The property is located at 450 Paradise Isle Boulevard Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $6,650,000.
What are key features of this property?
This property features: 4.28‑acre island property under a ground lease; 7 buildings with 194 apartment units and a recreational center; 42 boat slips and docks included
