Fantastic investment opportunity awaits with this potential income-generating property. Two distinct buildings offer a multitude of possibilities for the discerning new owner. The first building is currently occupied on a month-to-month lease but holds the potential to be transformed into four income-generating residential units, which includes 2 Apts of 2bed/2bath, and 2 Apts of 1bed/1bath. The second building is ideally suited for Assisted Living Facility (ALF) operators . There's the convenience of a new YMCA facility just built across the street from this property. Find this exceptional property located on SE 5th Street, east of Gulfstream Lane, promising a world of potential and endless opportunities for the savvy investor.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Hallandale Elementary School
900 SW 8th St
Distance between this listing and this school0.96 miles
Public District Grades KG-5
High School
2
/10
Hallandale High School
720 NW 9th Ave
Distance between this listing and this school1.35 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Hallandale Elementary School
900 SW 8th St
Distance between this listing and this school0.96 miles
Public District Grades KG-5
Nearby Schools
8
/10
Aventura Waterways K-8 Center
21101 NE 26th Ave
Distance between this listing and this school0.69 miles
Public District Grades PK-5
2
/10
South Broward Montessori Charter School
520 NW 5th St
Distance between this listing and this school0.89 miles
Public Charter Grades KG-5
Nearby Schools
4
/10
Highland Oaks Middle School
2375 NE 203rd St
Distance between this listing and this school1.22 miles
Public District Grades 6-8
2
/10
McNicol Middle School
1602 S 27th Ave
Distance between this listing and this school1.49 miles
Public Magnet Grades 6-8
9
/10
Hollywood Academy of Arts and Science Middle School
1705 Van Buren St
Distance between this listing and this school2.08 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Hallandale High School
720 NW 9th Ave
Distance between this listing and this school1.35 miles
Public Magnet Grades 9-12
Nearby Schools
4
/10
Dr. Michael M. Krop Senior High School
1410 NE 215th St
Distance between this listing and this school1.81 miles
Public Magnet Grades 9-12
4
/10
South Broward High School
1901 N Federal Hwy
Distance between this listing and this school3.40 miles
The neighbors living near this home have an average income of $31,984. The majority of Hallandale Beach, FL residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
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This home is located at 129 SE 5th St in Hallandale Beach, FL and zip code 33009. This 6,994 square foot home was built in 1977. It has been listed on Rocket Homes since November 04, 2023 and is currently priced at $3,200,000.
In April 2024 more than 3 listings in Hallandale Beach, FL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 57 were sold below. The number of homes for sale in Hallandale Beach, FL increased by 16.1% between March 2024 and April 2024. In April 2024, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $321,275.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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