2524 Hallandale Bch Blvd Hallandale Beach, FL 33009

This exceptional 18,729 square foot commercial and residential land parcel, located at 2524 E Hallandale Beach Blvd in Hallandale Beach, Florida (zip code 33009), is offered at $4,500,000 ($266/sq ft). Situated in the CCB - CITY CENTRAL BUSINESS DISTRICT zoning area of Broward County, this property comes with approved plans for a 21-unit building. The approved plans allow for flexible usage, including short-term and nightly residential rentals, long-term residential rentals, or condominium sales. Conservative estimates project a 6.4% return on investment for short-term rentals after accounting for land acquisition, construction, ongoing maintenance, and management. This presents a unique opportunity for investors seeking a high-return property with pre-approved development plans in a prime Hallandale Beach location. The property's versatility and strong projected ROI make it an attractive investment prospect. The approved plans are provided with the purchase of the vacant land.