250 Layne Blvd # 110, Hallandale Beach FL 33009 | Broward County | A12000257
  • $217,000

Description

FOR SEASONED INVESTORS ONLY!! RENTED TO GREAT TENANTS @ $2,200/MONTH UNTIL 9/9/2027 GIVING OUT A GOOD CAP RATE AT ASKING PRICE. BUILDING HAS OVER 10% IN RESERVES. 2 BEDS 2 BATHS WITH 2-CAR PARKING (IN TANDEM). ONLY A FEW BLOCKS FROM THE BEACH. TILE FLOORS THROUGHOUT LIVING, DINING AREAS AND MASTER BEDROOM, 2ND BEDROOM WITH WOOD LAMINATE FLOOR, LARGE WALK-IN CLOSET, CENTRAL A/C, UPDATED KITCHEN, PEACEFUL COMMUNITY WITH PICNIC/GRILL GREEN AREA, UNIT HAS A SCREENED PORCH WITH A RELAXING CANAL VIEW. GREAT LOCATION, CLOSE TO PUBLIX, RESTAURANTS, GULFSTREAM CASINO, BEACHES, AND SHOPS.

Property Overview

This is a two-bedroom, two-bath condo for sale in the Paradise by the Sea building in Hallandale Beach. Built in 1980, the unit has 965 square feet with tile and laminate flooring, an updated kitchen, central air, and a screened porch with a view of the canal. The listing notes a tandem two-car parking space. The community features a picnic and grill area and is located a few blocks from the beach. It is close to a Publix, restaurants, Gulfstream Casino, and shops. The monthly HOA fee is $651. The property is currently rented at $2,200 per month with a lease in place until September 2026. The asking price is $217,000. For specific details about the financials or to schedule a showing, please call 305-859-4733.

Frequently Asked Questions

What are the specifics of the current tenant and lease?

The condo is rented for $2,200 per month to tenants with a lease that runs until September 9, 2026.

What are the monthly HOA fees and what do they cover?

The monthly HOA fee is $651. The building is noted to have over 10% in reserves. For specific amenities covered, a buyer should review the condo association documents.

What is the layout and condition of the unit?

It's a 2-bedroom, 2-bathroom condo with 965 square feet of living space. It features tile floors in the main living areas and master bedroom, a second bedroom with wood laminate flooring, an updated kitchen, a large walk-in closet, central A/C, and a screened porch with a canal view.

What parking is available?

The unit includes a 2-car parking space in a tandem configuration.

What is the location like?

The building at 250 Layne Blvd is in Hallandale Beach. It's only a few blocks from the beach and is close to Publix, restaurants, Gulfstream Casino, and shops. The community has a picnic and grill green area.

Why is this listing described as 'for seasoned investors only'?

The description highlights the existing tenant and lease, presenting it as an investment opportunity with a calculated cap rate at the asking price. This suggests a focus on investment rather than owner-occupancy.

Monthly Fees & Carrying Costs

Association Fee $651 / month
Total Monthly Fees $651 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)

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  • Address: Layne Blvd
  • City: Hallandale Beach
  • State/county: Broward County
  • Zip/Postal Code: 33009
  • Area: PARADISE BY THE SEA

Details

Updated on August 14, 2026 at 1:37 am
  • Property ID A12000257
  • Price $217,000
  • Property Size 965 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Garages 2
  • Year Built 1980
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile, Wood
  • Waterfront Features Canal Front
  • Bedroom Features Entry Level
  • Cooling Central Air
  • Association Type Condo
  • Building PARADISE BY THE SEA
  • Association Fee Frequency Monthly
  • Area Paradise By The Sea
  • Annual Tax 4735
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 2
  • Subdivision PARADISE BY THE SEA
  • Total Stories 3
  • Restrictions No Daily Rentals, Ok To Lease, Okay To Lease 1st Year
  • Amenities Barbecue, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Pool
  • Parking 2 Or More Spaces, Assigned, Open, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers
  • Heating Other
  • Structure Type Condo 1-4 Stories, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Covered Spaces 2
  • Unit Floor 1
  • View Canal
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 110
  • Inclusions Community Boat Dock,Dock Available, Dock Available
  • Half Bathrooms 0
  • Patio / Porch Screened Porch
  • New Construction No
  • Garage Spaces 2
  • Style Condo 1-4 Stories
  • Association Fee 651
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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