Multi Family

450 Paradise Isle Boulevard

Hallandale Beach, FL 33009

$6,650,000

Year built: 1964

Listing courtesy of Joe F. Caprio, Joe Caprio & Co. Real Estate

About this home

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!!!

Details

Property

Type: Multi Family
Year built: 1964
Stories: 3
Lot size: 27,066 sq ft
County: Broward County

Interior

Cooling: Central Building A/C
Heating: Central Building A/C

Exterior and parking

Parking: Assigned, Guest, Rv/Boat Parking
Construction: Concrete Block Construction, Stucco
Roof: Comp Shingle Roof, Composition Roll, Shingle

Community and fees

Maintenance includes: Insurance, Water
Security: Other Fire Protection
Terms: All Cash

Neighborhood

Finding places nearby…

Loading the map…

Places nearby are not available right now.

The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 21, 2026.