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450 Paradise Isle Blvd - Paradise Isle 4.28 Acres of Commercial Land Offered at $9,108,571 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 |
$98,619
|
$23,041.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$98,619
|
$23,041.85
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $98,619 |
| Annual Per AC | $23,041.85 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $98,619 |
| Annual Per AC | $23,041.85 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
1 Lot Available
Lot
| Price | $9,108,571 CAD | Lot Size | 4.28 AC |
| Price Per AC | $2,128,170.86 CAD |
| Price | $9,108,571 CAD |
| Price Per AC | $2,128,170.86 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.
1 1
Moderately walkable
60/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 51-42-26-PX-0010 | Improvements Assessment | $281,623 CAD (2026) |
| Land Assessment | $31,295 CAD (2026) | Total Assessment | $312,917 CAD (2026) |
Property Taxes
Parcel Number
51-42-26-PX-0010
Land Assessment
$31,295 CAD (2026)
Improvements Assessment
$281,623 CAD (2026)
Total Assessment
$312,917 CAD (2026)
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450 Paradise Isle Blvd - Paradise Isle
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