129 SE 5th St, Hallandale Beach, FL 33009
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129 SE 5th St, Hallandale Beach, FL 33009
129 SE 5th St, Hallandale Beach, FL 33009
129 SE 5th St, Hallandale Beach, FL 33009
129 SE 5th St, Hallandale Beach, FL 33009
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$ 2,700,000
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129 SE 5th St Hallandale Beach, FL 33009

13,990 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 13,990 sqft

Price per Sqft $192

Subdivision Hallandale Park No 3

MLS Listing ID A11999268

Style Fourplex

HOA Y/N No

Year Built 1977

Annual Tax Amount $19,589

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

This is 14 units in Hallandale Beach, an A+ rated location! Property consists of 10 efficiencies, 2-2/2s, and 2-1/1s. The property was run as an Assisted Living faciitly prior to 2019 and can still function as one with a license. The city will allow for up to 20 residents for an ALF. Its currenty functioning as regular rental property.
1st building: Consists of 10 efficiencies-rented at 1300/mo month to month (3200 sq ft)
2nd building: Consists of 2-2/2s-rented at 2300/mo each unit and 2-1/1s rented at 1800/mo each unit.(3200 sq ft)
NOI=221,067
If you have or acquire an ALF license, you can get 4-5k per resident have up to 20 residents. Possible Pro Forma NOI running as an ALF=$545,090!
4 power meters and 2 water meters
Both roofs are new!!

Location

State FL

County Broward

Community Hallandale Park No 3

Area 3080

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Ceramic Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 514227160560

Acceptable Financing Cash, Conventional, Owner May Carry Second

Listing Terms Cash, Conventional, Owner May Carry Second

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11999268


Miami Association of Realtors (SEFMIAMI MLS)
Listed by Exclusive Premier Realty

NEARBY SCHOOLS & PROPERTIES

Tariq Saleem

Tariq Saleem

Broker | BK3071788

+1(844) 668-7589

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129 SE 5th St