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!!
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!!
Property Details
Price:
$2,700,000
MLS #:
A11999277
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Apr 10, 2026
Total Sq Ft:
6,994
Year Built:
1977
See this Listing
Schools
Interior
Flooring
Ceramic Floor
Exterior
Construction Materials
Concrete Block Construction
Lot Features
City Location
Roof
Shingle
Security Features
Other Fire Protection, Smoke Alarm, Fire Sprinkler System
Stories
1
Financial
Taxes
$19,589
Map
Community
- Address129 SE 5th St # 4 Hallandale Beach FL
- CityHallandale Beach
- CountyBroward County
- Zip Code33009
Market Summary
Current real estate data for Commercial in Hallandale Beach as of Apr 22, 2026
55
Commercial Listed
245
Avg DOM
$1,256,556
Avg List Price
Property Summary
- 129 SE 5th St # 4 Hallandale Beach FL is a Commercial for sale in Hallandale Beach, FL, 33009. It is listed for $2,700,000
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