Hallandale Beach Ground Lease
For Sale
Contact for pricing
450 Paradise Isle Boulevard, Hallandale Beach, FL 33009
Ground lease featuring 194 apartment units and 42 boat slips.
Property SizeContact for details
Lot Size4.28 Acres
Days on Market828
Property Features for 450 Paradise Isle Boulevard
General Information
Standard status
Active
Lot size
4.28 Acres
Property subtype
Special Purpose
Building Details
Year Built
1964
Units
195
Listing Agency:
Joe Caprio & Co. Real Estate
Listed By:
Joe Caprio
Source:
Crexi
Added: May 18, 2024
Changed: Aug 22
Last Checked: Aug 22 at 8:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joe Caprio & Co. Real Estate
Investment Insights
Based on property information with market context.
This unique opportunity features a ground lease in Hallandale Beach. The property is situated on a 4.28-acre lot and includes 194 apartment units across 7 buildings, a recreational center, and 42 boat slips and docks. The location is described as a true island, surrounded by over 2,200 linear feet of waterway on all 3 sides and connected to the mainland by a bridge, with access to the Intercoastal waterway just 1 minute away. This property is presented as a no-responsibility investment.
Key Highlights
- Unique island property with over 2,200 feet of waterfront.
- Ground lease opportunity with potential for significant equity growth.
- Includes 194 apartment units, recreational center, and 42 boat slips.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,533
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 - Ground lease featuring 194 apartment units and 42 boat slips.
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: Unique island property with over 2,200 feet of waterfront.; Ground lease opportunity with potential for significant equity growth.; Includes **194 apartment units, recreational center, and 42 boat slips**.
