Waterfront Ground Lease
For Sale
$6,650,000
450 Paradise Isle Boulevard, Hallandale Beach, FL 33009
LAND - Hallandale Beach, FL
Property SizeContact for details
Lot Size4.28 Acres
Days on Market50
Property Features for 450 Paradise Isle Boulevard
General Information
Property type
Land
Property subtype
Other
Zoning
RM-18
Elementary school
Gulfstream Academy Of Hallandale Beach
Middle school
Gulfstream Academy Of Hallandale Beach
High school
Hallandale
Subdivision
3040
Standard status
Active
APN
514226140070
Lot size
4.28 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
ISLE OF PARADISE 59-8 B TRACT G-1
Legal Description
ISLE OF PARADISE 59-8 B TRACT G-1
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Water front
1
Listing Agency:
Joe Caprio & Co. Real Estate
(954) 434-1776
Listed By:
Joe F Caprio · License #566559
(954) 434-1776
Added: Jun 24
Changed: Jun 25
Last Checked: Aug 12 at 12:06AM
MLS# B26044993
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 offering is a waterfront ground lease site in Hallandale Beach that combines multifamily housing with recreational marina facilities. The property consists of 4.28 acres and includes seven buildings: apartment facilities totaling 194 units, along with a recreational center. A marina component provides 42 boat slips and docks, supporting on-site water-based recreation.
The site is described as being surrounded by waterway on three sides, connected to the mainland by bridge. Public remarks indicate the property has over 2,200 linear feet of waterway frontage and is about one minute to the intercoastal waterway.
For tenants, buyers, and operators, the mix of apartment units and on-water slips/docks may suit users seeking a combined residential and boating-oriented environment under a ground lease structure. The RM-18 zoning designation should be reviewed for compliance with intended operations and any future development or modification plans.
The site is described as being surrounded by waterway on three sides, connected to the mainland by bridge. Public remarks indicate the property has over 2,200 linear feet of waterway frontage and is about one minute to the intercoastal waterway.
For tenants, buyers, and operators, the mix of apartment units and on-water slips/docks may suit users seeking a combined residential and boating-oriented environment under a ground lease structure. The RM-18 zoning designation should be reviewed for compliance with intended operations and any future development or modification plans.
Key Highlights
- Ground lease in the City of Hallandale on a 4.28‑acre “true island” surrounded by waterway on 3 sides
- Over 2,200 linear feet of waterway with access to the mainland by bridge
- Connected to the mainland by bridge and about 1 minute to the Intracoastal waterway (per remarks)
Property Analytics
Property Profile
Current Use
Lease Details
194
Residential units
Turnkey business
Opportunity
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 - Waterfront ground lease site featuring apartment buildings and boat slips, accessed by bridge 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: Ground lease in the City of Hallandale on a 4.28‑acre “true island” surrounded by waterway on 3 sides; Over 2,200 linear feet of waterway with access to the mainland by bridge; Connected to the mainland by bridge and about 1 minute to the Intracoastal waterway (per remarks)
