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418 SE 8th St 1.46 Acres of Commercial Land Offered at $13,950,000 in Hallandale Beach, FL 33009
Investment Highlights
- 1.46 CONTIGUOUS ACRES FOR SALE IN HALLANDALE BEACH, FL. JUST NORTH OF AVENTURA, FL./OFF US 1
- ACROSS STREET FROM GULFSTREAM RACETRACK, CASINO & ENTERTAINMENT AREAS & STORES. MINS. TO BEACH, I-95, AVENTURA MALL & AVENTURA HOSPITAL
- LIBERAL RAC ZONING IN OPPORTUNITY ZONE. POTENTIAL TO BUILD UP TO 20 STORIES AND APRX. UP TO 300+ APARTMENT UNITS
- CALL WARREN J STEIN 954-882-8491 OR PAMELA A WETMORE 954-614-7030 FOR INFO AND PACKAGE
Executive Summary
PROPERTY LOCATED ACROSS THE STREET FROM GULFSTREAM RACETRACK & CASINO. 10 CONTIGUOUS PARCELS TOTALLING 1.46 ACRES. ALL PARCELS WILL BE DELIVERED VACANT (NO TRAILERS ON PARCEL 1). ZONED RAC-CTA & RAC-C IN AN OPPORTUNITY ZONE, VERY LIBERAL. POTENTIAL TO BUILD UP TO APPROXIMATELY UP TO 20 STORIES HIGH. CAN DEVELOP MULTI-FAMILY, SENIOR HOUSING, TOWNHOUSES, WORK/LIVE UNITS, HOTEL, OFFICE, RETAIL, MIXED-USE, ETC. CONVENIENTLY LOCATED NEAR I-95, AVENTURA (MALL) HALLANDALE BEACH BLVD & U.S. 1. PRIME DEVELOPMENT SITE. THE CRA OF HALLANDALE MAY CONSIDER GIVING DOLLARS ($'s) AND/OR OTHER INCENTIVES TO DEVELOP SITE.
POTENTIAL TO BUILD APPROXIMATELY 275-300+ APARTMENT UNITS. BUYER IS ADVISED TO HAVE YOUR ARCHITECTS MEET WITH CITY OF HALLANDALE BEACH TO DISCUSS YOUR PLANS AND NUMBER OF UNITS/SIZES TO SEE WHAT ONE CAN POSSIBLY BUILD.
Property Facts
1 Lot Available
Lot 1-10
| Price | $13,950,000 | Lot Size | 1.46 AC |
| Price Per AC | $9,554,794.52 |
| Price | $13,950,000 |
| Price Per AC | $9,554,794.52 |
| Lot Size | 1.46 AC |
CURRENTLY, 10 CONTIGUOUS COMMERCIAL DEVELOPMENT LOTS FOR SALE. LOT 1 & LOTS 2-10 WILL BE DELIVERED AS VACANT (NO TRAILERS ON LOT 1) BY CLOSING.
Description
DYNAMIC COMMERCIAL LAND FOR SALE- 1.46 ACRES JUST OFF US 1 ON HALLANDALE & AVENTURA BORDER. LOCATION, LOCATION, LOCATION! CAN BUILD APPROXIMATELY UP TO 300+ APARTMENT UNITS. PROPERTY LOCATED ACROSS THE STREET FROM GULFSTREAM RACETRACK & CASINO. 10 CONTIGUOUS PARCELS TOTALLING 1.46 ACRES. ALL PARCELS WILL BE DELIVERED VACANT (NO TRAILERS ON PARCEL 1). ZONED RAC-CTA & RAC-C IN AN OPPORTUNITY ZONE, VERY LIBERAL, MAYBE GET CRA DOLLARS. POTENTIAL TO BUILD UP TO APPROXIMATELY UP TO 20 STORIES HIGH. CAN DEVELOP MULTI-FAMILY, SENIOR HOUSING, TOWNHOUSES, WORK/LIVE UNITS, HOTEL, OFFICE, RETAIL, MIXED-USE, ETC. CONVENIENTLY LOCATED NEAR I-95, AVENTURA (MALL) HALLANDALE BEACH BLVD & U.S. 1. PRIME DEVELOPMENT SITE. POTENTIAL TO BUILD APPROXIMATELY UP TO 300+ APARTMENT UNITS. BUYER IS ADVISED TO HAVE THEIR ARCHITECTS MEET WITH CITY OF HALLANDALE BEACH TO DISCUSS YOUR PLANS AND NUMBER OF UNITS/SIZES TO SEE WHAT ONE CAN POSSIBLY BUILD.
