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450 Paradise Isle Blvd - Paradise Isle 4.28 Acres of Commercial Land Offered at $9,193,625 CAD 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 (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,540
|
$23,257.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,540
|
$23,257.01
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,540 |
| Annual Per AC | $23,257.01 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,540 |
| Annual Per AC | $23,257.01 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $9,193,625 CAD | Lot Size | 4.28 AC |
| Price Per AC | $2,148,043.31 CAD |
| Price | $9,193,625 CAD |
| Price Per AC | $2,148,043.31 CAD |
| 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.
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450 Paradise Isle Blvd - Paradise Isle
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