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450 Paradise Isle Blvd - Paradise Isle 4.28 Acres of Commercial Land Offered at $6,650,000 in Hallandale Beach, FL 33009
Investment Highlights
- 2200 Linear Feet on the water
- No Cost - No Expenses - No Responsibility
- 194 Apartment Units
Executive Summary
Once in a lifetime unique opportunity! Amazing opportunity to own this beautiful ground lease in the City of Hallandale. It is a true island, surrounded by over 2,200 linear feet of waterway on all 3 sides connected to the mainland by bridge. Just 1 minute to the Intercoastal Waterway. Lot size is 4.28 Acres with 7 buildings comprised of #194 apartment units, a recreational center, and 42 boat slips and docks. Enjoy this No-Responsibility Investment and watch your equity grow. No expenses to owner. Purchase this ground lease for a fraction of what it will be worth when it matures!
Financial Summary (Actual - 2025) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$72,000
|
$16,822.43
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,000
|
$16,822.43
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $72,000 |
| Annual Per AC | $16,822.43 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,000 |
| Annual Per AC | $16,822.43 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot
| Price | $6,650,000 | Lot Size | 4.28 AC |
| Price Per AC | $1,553,738.32 |
| Price | $6,650,000 |
| Price Per AC | $1,553,738.32 |
| Lot Size | 4.28 AC |
2200 Linear Foot on the Water. 1 Minute from Intercoastal Waterway. 10 Minute Ocean Access - No Fixed Bridges. Lot is true island connected to land by one bridge.
1 1
Property Taxes
| Parcel Number | 51-42-26-PX-0010 | Improvements Assessment | $203,470 (2026) |
| Land Assessment | $22,610 (2026) | Total Assessment | $226,080 (2026) |
Property Taxes
Parcel Number
51-42-26-PX-0010
Land Assessment
$22,610 (2026)
Improvements Assessment
$203,470 (2026)
Total Assessment
$226,080 (2026)
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450 Paradise Isle Blvd - Paradise Isle
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