$3,200,000

129 SE 5th St 1-4, Hallandale Beach, FL 33009

6,994 sqft

Multi-Family Home
Built in 1977
0.31acre lot
—— car garage
$458/sqft
Listed 1 month ago

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!!

Listing Status:: Active
Date Added:: April 10, 2026
Data Last Updated:: May 29, 2026 at 9:06PM
Listing Office:: Exclusive Premier Realty : 800-288-5791
Listing Agent:: Alexander Virelles : 561-906-2229
MLS ID:: A11999277

Flooring: Ceramic Floor

Roofing: Shingle
General: Concrete Block Construction1

Originating MLS: Miami Association of REALTORS®
County: Broward County

Zoning: CENTRALHALLANDALE PARK NO 3 6-7 B LOTS 3839 & 40 BLK 3514227160560

Source: Miami Association of REALTORS®

This listing courtesy of Alexander Virelles , Exclusive Premier Realty

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Principal & Interest $
Property Taxes $
Home Insurance $
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