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450 Paradise Isle Boulevard, Hallandale Beach, FL 33009

$6,650,000
Property Type: Land & Docks Status: Active
Current Price: $6,650,000 List Date: 5/13/2024 Last Modified: 2/20/2026

Description

ONCE-IN-A-LIFETIME UNIQUE OPPORTUNITY! Amazing Opportunity to Own this Beautiful Ground Lease in the City of Hallandale. It is a TRUE ISLAND, surrounded by over 2,200 linear feet of waterway on all 3 sides connected to the mainland by bridge... just 1 minute to the Intercoastal waterway. Lot size is 4.28 acres with 7 buildings comprised of #194 apartment units, recreational center, and #42 Boat slips and docks. Enjoy this No-Responsibility Investment and watch your equity grow. Purchase this ground lease for a fraction of what it will be worth when it matures!!!

More Information MLS# F10441421

Contract Information

Comp Sale YN: No Owner Phone: 954-980-3317 LP/Acre: 1553738.32 LP/Frontage: 9223.3 Listing Date: 2024-05-13 Status: Active Original List Price: 6650000 List Price: $6,650,000 Current Price: $6,650,000

Location and Legal

County Or Parish: Broward County Parish Name: Broward City Name: Hallandale Beach Postal Zip: 33009 Geographic Area: HWEA - Hollywood East (3010-3050) Country: United States Street Number: 450 Street Name: Paradise Isle Street Suffix: Boulevard State Or Province: FL Postal Code: 33009 Area: 3040 Parcel Number: 514226140070 Directions: Use GPS.

General Property Information

Lot Size Dimensions: 186436 Lot Depth: 480 Property Description: LAND LEASE (MULTI FAMILY) Lot Frontage: 721 Property Sub Type: Unimproved Land Lot Size Acres: 4.28 Waterfront YN: 1

Financial Information

Tax Assessed/SOH Value: 0 Assessor Market Value: 0 Tax Year: 2023 Tax Legal Description: ISLE OF PARADISE 59-8 B TRACT G-1

Office/Member Information

DXORIGMLSID: FLL

Association Fee Includes

Cable TV: 1

Short Sale Details

Lender Approval: Unapproved Short Sale Addendum: No

Comprehensive Plan Use

Other: 1

Current Use

Multi-Family: 1 Unimproved: 1 Other: 1

Environmental Audit

Phase 1: 1

Income Includes

Other: 1

Location of Property

City Location: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Special Information

City Jurisdiction: 1

Utilities

Electricity Available: 1 Water Available: 1 Other: 1

Water View

Beach: 1

Listing Terms

Cash: 1

Water Source

Public: 1

Waterfront Features

Basin: 1 Canal Front: 1

Income and Expenses

Inc/Exp Statement Period: 0 Gross Scheduled Income: 71000

Source Of Expenses

Owner Provided: 1

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Deeded Dock: 1

Showing Requirements

Call Listing Agent: 1

Canal Width

Canal Width 121 Feet or More: 1

Acreage Description

2 To Less Than 3 Acre Lot: 1 3 To Less Than 4 Acre Lot: 1 4 To Less Than 5 Acre Lot: 1

Status Change Information

Major Change Timestamp: 2024-05-13T13:03:19Z Major Change Type: New Listing Status Change Date: 2024-05-20

Originating Details

Originating System Key: 582536256 Originating System ID: M00000170

Property Features

Association Fee Includes: Cable TV Comprehensive Plan Use: Other Current Use: Multi-Family; Unimproved; Other Environmental Audit: Phase 1 Income Includes: Other Location of Property: City Location Possession: Close Of Escrow Sewer: Public Sewer Special Information: City Jurisdiction Utilities: Electricity Available; Water Available; Other Source Of Expenses: Owner Provided Boat and Dock Features: Deeded Dock Listing Terms: Cash Water Source: Public Water View: Beach Waterfront Features: Basin; Canal Front Canal Width: Canal Width 121 Feet or More Showing Requirements: Call Listing Agent Acreage Description: 2 To Less Than 3 Acre Lot; 3 To Less Than 4 Acre Lot; 4 To Less Than 5 Acre Lot
Listing Office: Joe Caprio & Co. Real Estate
Last Updated: February - 20 - 2026
450 Paradise Isle Boulevard, Hallandale Beach, FL 33009- MLS# F10441421
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