450 Paradise Isle Boulevard

Highlights:

• Lot Features: City Location, 4 To Less Than 5 Acre Lot, Corner Unit
• Gross Income: 71000
• Number Of Buildings: 7
• Bathrooms Total: 0
• Documents Available: Aerial Photo, Copies Of Lease(S)
• Cooling: Central Building A/C
• Heating: Central Building A/C
• Electric: Other Electric
• Construction Materials: Concrete Block Construction, Stucco
• Parking Features: Assigned, Guest, Rv/Boat Parking
• Accessibility Features: Accessible Parking
• Security Features: Other Fire Protection, Other
• Ownership: Corporation

Description:

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. $75,000 per year Cash Flow without any responsibility. Purchase this ground lease for a fraction of what it will be worth when it matures!!!

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Listing ID: B26044989