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Waterfront Apartment Property

450 Paradise Isle Boulevard, Hallandale Beach, FL 33009

For Sale
$6,650,000

Land, Hallandale Beach, FL

Property SizeContact for details
Lot Size4.28 Acres
Days on Market144

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

Amenities

recreational center
boat slips

Building Details

Buildings 7
Listing Agency: Joe Caprio & Co. Real Estate
Listed By: Joe F. Caprio · License FL #566559
Added: Jun 24 Changed: Oct 28 Last Checked: Nov 14 at 4:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This apartment property is offered as a ground lease on 4.28 acres in Hallandale Beach. Seven buildings contain 194 apartment units, alongside a recreational center and 42 boat slips with docks. The property is zoned RM-18 and includes public water and public sewer service; water is also listed as available.

The site is surrounded by more than 2,200 linear feet of waterway on three sides and connects to the mainland by bridge. The Intracoastal Waterway is approximately a one-minute trip away.

Key Highlights

  • 194 apartment units across 7 buildings
  • Ground‑lease property on 4.28 acres, zoned RM‑18
  • 42 boat slips and docks

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center Food Market Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

194
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,767
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Broward County, FL

$449 Jul
$422 Aug
$431 Sep
$426 Oct

Properties on Market for Apartment buildings in Broward County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A ground-lease interest encompasses a multi-building residential complex with boat slips and a recreation center.
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: 194 apartment units across 7 buildings; Ground‑lease property on 4.28 acres, zoned RM‑18; 42 boat slips and docks
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