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111 SE 5th St
Hallandale Beach, FL 33009
Development Opportunity in Hallandale Beach · Land For Sale
·
0.11 AC
Investment Highlights
- Prime Hallandale Beach location within a designated Opportunity Zone.
- Assembled ±0.32-acre site with expansion potential to ±1.09 acres.
- Minutes from Gulfstream Park, Aventura Mall, and major hospitality destinations.
- Zoned RAC-TC, allowing high-density, mixed-use, transit-oriented development.
- Adjacent parcel approved for a 10-story, 90-unit residential tower with retail.
- Excellent access to I-95, US-1, Brightline rail, and Fort Lauderdale-Hollywood International Airport.
Executive Summary
Surrounded by major lifestyle and entertainment destinations such as Gulfstream Park, Aventura Mall, and the Diplomat Beach Resort, the property benefits from exceptional connectivity. It is just minutes from I-95, US-1, and the William Lehman Causeway, and only four minutes from the Aventura Brightline Station, providing high-speed rail access to Miami, Fort Lauderdale, and beyond. This location is ideal for multifamily or mixed-use development, leveraging strong demand drivers and a robust residential pipeline.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C2 - Commercial Business. Zoned Central Regional Activity Center (RAC) | ||
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.11 AC |
| Opportunity Zone |
Yes |
| Zoning | C2 - Commercial Business. Zoned Central Regional Activity Center (RAC) |
1 Lot Available
Lot
| Lot Size | 0.11 AC |
| Lot Size | 0.11 AC |
The property is zoned RAC-TC, supporting high-intensity, transit-oriented development with a mix of residential and retail uses. Approved plans for the adjacent parcel include a 10-story, 90-unit residential tower with ground-floor retail uses.
Description
Prime section of West Hallandale Beach, this development opportunity benefits from adjacency to a fully approved 8-story, 92-unit residential project, which presents a potential acquisition opportunity. Just steps away from 215 Park, a newly completed 45-unit luxury apartment community offering a mix of one, two, and three-bedroom residences, designed with upscale finishes and modern amenities. Directly across the street is the Hallandale Beach YMCA Family Center, providing amenities including a pool, gymnasium, fitness center with cardio and strength equipment, group exercise studios, an indoor cycling studio, teen and afterschool rooms, Kids Zone, and multipurpose community spaces. The center also features sports fields and robust adult and family programming. The site enjoys excellent regional connectivity and lifestyle appeal—located just minutes from the beach, Gulfstream Park, Aventura Mall, and major hospitality destinations such as Diplomat Hollywood Beach and Margaritaville Hollywood. Adding to the momentum in the area, Hallandale Oasis, a two 25-story, 500-unit residential development, is currently under construction nearby further validating the submarket’s growth trajectory and appeal to both residents and investors. This location offers an exceptional opportunity for residential development—whether multifamily mid or high-rise apartments. The property’s zoning and urban context support a high density, transit-oriented development model in one of South Florida’s most dynamic and growing submarkets.
Property Taxes
| Parcel Number | 51-42-27-13-0110 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $150,290 |
Property Taxes
