450 Paradise Isle Boulevard, Hallandale Beach, FL 33009 (MLS# F10441421)

450 Paradise Isle Boulevard, Hallandale Beach, FL 33009

$6,650,000

Virtual Tour

https://www.propertypanorama.com/450-Paradise-Isle-Blvd-Hallandale-Beach-FL-33009--F10441421/unbranded

Property Type: Land & Docks Lot Size (sq. ft.): 186,437 Status: Active

Current Price: $6,650,000 List Date: 5/13/2024 Last Modified: 2/20/2026

Overview

Description

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, recreational center, and #42 Boat slips and docks. Enjoy this No-Responsibility Investment and watch your equity grow. Purchase this ground lease for a fraction of what it will be worth when it matures!!!

Listing Details MLS# F10441421

General Property Information

Property Sub Type: Unimproved Land
Lot Size Acres: 4.28
Lot Size Square Feet: 186436.8
Lot Size Dimensions: 186436
Lot Depth: 480
Property Description: LAND LEASE (MULTI FAMILY)
Waterfront YN: Yes
Lot Frontage: 721

Property Features

Association Fee Includes: Cable TV Comprehensive Plan Use: Other Current Use: Multi-Family; Unimproved; Other Environmental Audit: Phase 1 Income Includes: Other Location of Property: City Location Possession: Close Of Escrow Sewer: Public Sewer Special Information: City Jurisdiction Utilities: Electricity Available; Water Available; Other Source Of Expenses: Owner Provided Boat and Dock Features: Deeded Dock Listing Terms: Cash Water Source: Public Water View: Beach Waterfront Features: Basin; Canal Front Canal Width: Canal Width 121 Feet or More Showing Requirements: Call Listing Agent Acreage Description: 2 To Less Than 3 Acre Lot; 3 To Less Than 4 Acre Lot; 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2024-05-13
Original List Price: 6650000
Owner Phone: 954-980-3317
LP/Acre: 1553738.32
LP/Frontage: 9223.3

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 450
Street Name: Paradise Isle
Street Suffix: Boulevard
City Name: Hallandale Beach
State Or Province: FL
Postal Code: 33009
Postal Zip: 33009
Area: 3040
Geographic Area: HWEA - Hollywood East (3010-3050)
Parcel Number: 514226140070
Directions: Use GPS.

Financial Information

Tax Year: 2023
Tax Legal Description: ISLE OF PARADISE 59-8 B TRACT G-1
Tax Assessed/SOH Value: 0
Assessor Market Value: 0

Status Change Information

Major Change Timestamp: 2024-05-13T13:03:19Z
Major Change Type: New Listing
Status Change Date: 2024-05-20

More Information

Short Sale Details

Lender Approval: Unapproved
Short Sale Addendum: No

Income and Expenses

Gross Scheduled Income: 71000
Inc/Exp Statement Period: No

Boat and Dock Information

Dock: Yes

Originating Details

Originating System Key: 582536256
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: FLL

Association Fee Includes

Cable TV: Yes

Comprehensive Plan Use

Other: Yes

Current Use

Multi-Family: Yes
Unimproved: Yes
Other: Yes

Environmental Audit

Phase 1: Yes

Income Includes

Other: Yes

Location of Property

City Location: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

City Jurisdiction: Yes

Utilities

Electricity Available: Yes
Water Available: Yes
Other: Yes

Water View

Beach: Yes

Listing Terms

Cash: Yes

Water Source

Public: Yes

Waterfront Features

Basin: Yes
Canal Front: Yes

Source Of Expenses

Owner Provided: Yes

Boat and Dock Features

Deeded Dock: Yes

Showing Requirements

Call Listing Agent: Yes

Canal Width

Canal Width 121 Feet or More: Yes

Acreage Description

2 To Less Than 3 Acre Lot: Yes
3 To Less Than 4 Acre Lot: Yes
4 To Less Than 5 Acre Lot: Yes

Documents

Survey and Arial Photo ›

Listing Office: Joe Caprio & Co. Real Estate

Last Updated: February - 20 - 2026

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