Price History
$3,200,000
4/10/2026
$2,700,000
4/21/2026
$3,200,000
5/12/2026
129 SE 5th St, Hallandale Beach, FL, 33009
1977
Fourplex
13,990 sqft
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!!
Status:
Active
Type:
Multi-family
Zoning:
CENTRAL
Subdivision:
HALLANDALE PARK NO 3
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Parking:
8-car
Est. Taxes:
$19,589
Construction
Block
Utilities
Cable Not Available
Lot Description:
< 1/4 Acre
Days on Market:
32
Pool:
None
MLS #:
A11999268
Community Info
School Info
Walk Score
Yelp
Listing courtesy of Exclusive Premier Realty 800-288-5791