129 SE 5th St , Hallandale Beach, FL 33009
- $3,200,000
- $3,200,000
Overview
- Quadruplex, Residential Income
- 13988 Sqft
- 1977
Description
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!!
Address
Open on Google Maps-
Address: 129 SE 5th St
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City: Hallandale Beach
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State/county: FL
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Zip/Postal Code: 33009
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Area: HALLANDALE PARK NO 3
Details
Updated on April 11, 2026 at 10:00 pm-
Property ID MSA11999268
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Price $3,200,000
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Property Size 13988 Sqft
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Garage Size x x
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Year Built 1977
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Property Type Quadruplex, Residential Income
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Property Status Active
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MLS# A11999268
Additional details
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Listing Terms Cash,Conventional,Owner May Carry Second
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Roof Shingle
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Utilities Cable Not Available
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Sewer Public Sewer
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Cooling Central Air,Wall/Window Unit(s)
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Heating Central
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Flooring Ceramic Tile
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County Broward
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Property Type Residential Income
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Pool None
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Architectural Style Fourplex
Mortgage Calculator
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