Multifamily Marina Island
For Sale
$6,650,000
450 Paradise Isle Boulevard, Hallandale Beach, FL 33009
MULTI_FAMILY - Hallandale Beach, FL
Property Size1,864,368 SF
Lot Size4.28 Acres
Price / SF$3.57
Days on Market47
Property Features for 450 Paradise Isle Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-18
Parking
200
Parking features
Boat, Guest, Assigned
Subdivision
3040
Standard status
Active
APN
514226140070
Size
1,864,368 SF
Lot size
4.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ISLE OF PARADISE 59-8 B TRACT G-1
Legal Description
ISLE OF PARADISE 59-8 B TRACT G-1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1964
Floors in Building
3
Number of units
195
Building materials
Block, Stucco
Roof type
Composition, Shingle
Listing Agency:
Joe Caprio & Co. Real Estate
(954) 434-1776
Listed By:
Joe F Caprio · License #566559
(954) 434-1776
Added: Jun 24
Changed: Jul 25
Last Checked: Aug 9 at 3:06PM
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.
Investment Insights
Based on property information with market context.
This for-sale multifamily property is set on a true island configuration, surrounded by waterway on three sides and connected to the mainland by a bridge. The site includes seven buildings and offers 194 apartment units along with a recreational center. A marina component is also included, featuring 42 boat slips and docks.
The property totals 4.28 acres and is located at 450 Paradise Isle Boulevard in Hallandale Beach, Florida, within Broward County. Zoning is listed as RM-18.
For buyers and operators seeking a combined residential income and on-site boating amenity, the mix of apartment units, shared recreation space, and dedicated dock infrastructure supports a multifaceted tenant experience. The unique island site plan—water access on three sides with bridge connection—also shapes day-to-day access and site operations, making it a distinctive fit for those evaluating multifamily and marina-style assets together.
The property totals 4.28 acres and is located at 450 Paradise Isle Boulevard in Hallandale Beach, Florida, within Broward County. Zoning is listed as RM-18.
For buyers and operators seeking a combined residential income and on-site boating amenity, the mix of apartment units, shared recreation space, and dedicated dock infrastructure supports a multifaceted tenant experience. The unique island site plan—water access on three sides with bridge connection—also shapes day-to-day access and site operations, making it a distinctive fit for those evaluating multifamily and marina-style assets together.
Key Highlights
- 4.28‑acre ground lease in the City of Hallandale with a “true island” setting surrounded by 2,200+ linear feet of waterway on three sides
- 7‑building property with 194 apartment units plus a recreational center
- Includes 42 boat slips and docks
Property Analytics
Property Profile
Current Use
Lease Details
194
Residential units
Location Intelligence
Trade Area within ½ mile
2,767
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Island-style residential income property with multiple buildings, recreational center, and boat slips on three water-facing sides.
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 ground lease in the City of Hallandale with a “true island” setting surrounded by 2,200+ linear feet of waterway on three sides; 7‑building property with 194 apartment units plus a recreational center; Includes 42 boat slips and docks
