129 SE 5th St, Hallandale Beach FL 33009 | Broward County | A11999268
- $3,200,000
- $3,200,000
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!!
Property Overview
This property spans 13,990 square feet and was built in 1977. It is currently listed for sale at $3,200,000. The number of bedrooms and bathrooms is not specified in the available information.
The property is located at 129 SE 5th St, Hallandale Beach, FL 33009 in Broward County. The MLS number for this listing is A11999268. Amenities for the property are not detailed in the provided data.
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Address
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Address: 5th St
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City: Hallandale Beach
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State/county: Broward County
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Zip/Postal Code: 33009
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Area: HALLANDALE PARK NO 3
Details
Updated on May 13, 2026 at 2:46 am-
Property ID A11999268
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Price $3,200,000
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Property Size 13990 Square Feet
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Year Built 1977
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Type Quadruplex
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Property Status Residential Income
Additional details
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Building Area 13988
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Building HALLANDALE PARK NO 3
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Construction Concrete Block Construction
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Cooling Central Air, Wall/Window Unit(s)
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Flooring Ceramic Floor
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Heating Central
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Listing Terms All Cash, Conventional, Owner Hold 2nd Mortgage
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Lot Size (Sq Ft) 0
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Area Hallandale Park No 3
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Total Stories 1
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Structure Type Quadruplex, Fourplex
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Annual Tax 19589
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Tax Year 2025
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Year Built Details Resale
Features
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