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!!

Address

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Address: 5th St
City: Hallandale Beach
State/county: Broward County
Zip/Postal Code: 33009
Area: HALLANDALE PARK NO 3

Details

Updated on April 18, 2026 at 2:37 am

Property ID A11999268
Price $3,200,000
Property Size 13990 Square Feet
Year Built 1977
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 13988
BuildingAreaUnits Square Feet
BuildingName HALLANDALE PARK NO 3
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-04-10
Cooling Central Air, Wall/Window Unit(s)
DaysOnMarket 7
DocumentsAvailable Other Available Information
ExpirationDate 2026-05-29
Flooring Ceramic Floor
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 561-906-2229
ListingTerms All Cash, Conventional, Owner Hold 2nd Mortgage
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Hallandale Park No 3
MajorChangeTimestamp April 11, 2026 at 06:21pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp April 17, 2026 at 06:57pm
NumberOfUnitsInCommunity 4
OnMarketDate 2026-04-10
OriginalEntryTimestamp April 11, 2026 at 06:21pm
OriginalListPrice 3200000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 514227160560
ParkingTotal 8
PhotosChangeTimestamp April 17, 2026 at 07:05pm
PhotosCount 16
Possession Funding
PostalCodePlus4 6443
PriceChangeTimestamp April 11, 2026 at 06:21pm
PublicSurveyRange 51
PublicSurveySection 27
PublicSurveyTownship 51
RentIncludes Electricity, Gardener, Sewer, Water
Roof Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
SourceSystemKey 453107101
StateOrProvince FL
StatusChangeTimestamp April 11, 2026 at 06:21pm
Stories 1
StoriesTotal 1
StreetDirPrefix SE
StreetName 5th St
StreetNumber 129
StreetNumberNumeric 129
StructureType Quadruplex, Fourplex
SyndicationRemarks 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!!
TaxAnnualAmount 19589
TaxLegalDescription HALLANDALE PARK NO 3 6-7 B LOTS 38, 39 & 40 BLK 3
TaxYear 2025
YearBuiltDetails Resale
Zoning CENTRAL