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    FOR SALE
    Commercial real estate

    129-131 SE 5Th St, Hallandale Beach, FL 33009

    Entity Owned 7-yr Hold
    Property ID
    US19-0490398
    129-131 SE 5Th St, Hallandale Beach, FL 33009 For Sale 1 / 54
    $2,600,000
    129-131 SE 5Th St, Hallandale Beach, FL 33009
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    Property summary
    AI-generated overview

    This exceptional special-purpose property at 129 SE 5th St #4, Hallandale Beach, offers five studio apartments, each boasting a bedroom and bathroom, and spacious common areas. The 6,994 square foot building sits on APN 514227160560 and is zoned CENTRAL, making it ideal for investors seeking a turnkey operation. Each unit rents for between $1400 and $1450 per month, with utilities (water and electricity) included. The property features secure access, enhancing tenant safety and peace of mind. Its prime location provides unparalleled convenience. Enjoy easy commuting and access to daily necessities, with nearby shopping centers, restaurants, and cafes within walking distance. Hallandale Beach is just a short trip away for oceanfront relaxation, and public transportation is readily available. Recreational opportunities abound, with Gulfstream Park and Joseph Scavo Park nearby. This single-tenant building presents a rare opportunity to acquire a well-maintained, high-demand property in a thriving location. The property's strong rental income and desirable amenities make it an attractive investment for discerning buyers. The building consists of one suite, offering a streamlined management structure. This is a truly exceptional opportunity in a highly sought-after area.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US19-0490398
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Diana Chavez Investments Corp · 7 yrs held
    Diana Chavez Investments Corp
    since 2019
    4 recorded transactions
    2024
    —
    2020
    —
    2020
    —
    2019
    $1.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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