Property 450 Paradise Isle Boulevard, Hallandale Beach, FL 33009 for sale with MLS# B26044989

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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450 Paradise Isle Boulevard, Hallandale Beach, FL 33009

Price
Price:
$6,650,000.00
Original List Price:
$6,650,000.00
Business Info
Gross Scheduled Income:
71000
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Business Type:
Commercial, Residential
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
New Listing
Last Major Update on:
June 24, 2026 7:16 pm
Measures
Built-Up Area:
42.80 Acre
Lot Area:
27,066 Sqft
Building Area Source:
Owner
Lot Size Acres:
4.28
Property Features
Security:
Other
Air Conditioning
Air Conditioning System:
Central Building
Heating
Heating System:
Central Building
Construction
Year Built:
1964
Roof:
Shingle, Composition
Number of Buildings:
7
Number of Units Total:
195
Construction Materials:
Block, Stucco
Number of stories:
3
Road Frontage Type:
City Street
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Year:
2025
Tax Assessed Value:
$10.00
Parking
Parking Total Spaces:
200
Parking Features:
Assigned, Guest, Accessible Parking, Boat Access/parking
Utilities
Sewer:
Public Sewer
Electric:
Other
Utilities Available:
Cable Available, Electricity Available, Sewer Available, Water Available
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Aerial Photo(s), Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Other
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
ISLE OF PARADISE 59-8 B TRACT G-1
Real Estate Folio Number (Parcel Number):
514226140070
Zoning:
RM-18
Listing History
Active on the market since:
June 24, 2026
Listing Agreement executed on:
June 24, 2026
Listing Status Last Changed On:
June 24, 2026 7:16 pm
Photos updated on:
June 24, 2026 7:17 pm
Last Modified:
September 21, 2026 1:56 am
Additional Information
Courtesy of:
Joe Caprio & Co. Real Estate
Attribution:
Not provided
Location
Street Name:
Paradise Isle
Street Number:
450
City:
Hallandale Beach
State:
Florida
Zip Code:
33009
County:
Broward
Latitude:
N25° 58' 55.2''
Longitude:
W81° 52' 13.6''
Street Suffix:
Boulevard
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $48,196
Median Home Value $248,300
Median Rent $1,576/mo
Median Age 46
Population 44,021
Ver la Propiedad Ver la propiedad 450 Paradise Isle Boulevard, Hallandale Beach, FL 33009
Association of REALTORS®
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