Multifamily in 129 SE 5th St 1-4 Hallandale Beach for sale with MLS# A11999277
This is 14 units in Hallandale Beach, an A+ rated location! Property consists of 10 efficiencies, 2-2/2s, and 2-1/1s. The property was run as an Assisted Living faciitly prior to 2019 and can still function as one with a license. The city will allow for up to 20 residents for an ALF. Its currenty functioning as regular rental property. 1st building: Consists of 10 efficiencies-rented at 1300/mo month to month (3200 sq ft) 2nd building: Consists of 2-2/2s-rented at 2300/mo each unit and 2-1/1s rented at 1800/mo each unit.(3200 sq ft) NOI=221,067 If you have or acquire an ALF license, you can get 4-5k per resident have up to 20 residents. Possible Pro Forma NOI running as an ALF=$545,090! 4 power meters and 2 water meters Both roofs are new!!
129 SE 5th St 1-4, Hallandale Beach, FL 33009
- Price:
- $3,200,000.00
- Original List Price:
- $3,200,000.00
- Gross Scheduled Income:
- 254400
- Tenant Pays:
- Electricity, Water
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11999277
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 11, 2026 2:51 pm
- Built-Up Area:
- 6,994 Sqft
- Lot Area:
- 13,490 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Security:
- Smoke Detector(s), Fire Sprinkler System, Other
- Year Built:
- 1977
- Roof:
- Shingle
- Number of Units Total:
- 14
- Levels:
- One
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Structure Type:
- Apartment
- Stories:
- 1
- Tax Annual Amount:
- $19,589.00
- Covered Spaces:
- 0
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
- Occupant Type:
- Owner
- Buyer Possession:
- Closing And Funding
- Tax Legal Description:
- HALLANDALE PARK NO 3 6-7 B LOTS 38,39 & 40 BLK 3
- Real Estate Folio Number (Parcel Number):
- 514227160560
- Zoning Description:
- CENTRAL
- Originally published on:
- April 11, 2026 2:51 pm
- Active on the market since:
- April 10, 2026
- Price change occurred on:
- April 11, 2026 2:51 pm
- Listing Status Last Changed On:
- April 11, 2026 2:51 pm
- Photos updated on:
- April 17, 2026 7:33 pm
- Last Modified:
- April 17, 2026 7:33 pm
- Property Description:
- 14 unit apartment building
- Flood Zone:
- AE
- Subdivision Number:
- 16
- Courtesy of:
- Exclusive Premier Realty
- Attribution:
- 561-906-2229
- Street Name:
- 5th St
- Street Number:
- 129
- Unit Number:
- 1-4
- City:
- Hallandale Beach
- State:
- Florida
- Zip Code:
- 33009
- County:
- Broward
- Latitude:
- N25° 58' 48.9''
- Longitude:
- W81° 51' 12.6''
- Street Direction Prefix:
- SE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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