129 Southeast 5th Street

Hallandale Beach, FL 33009

$3,200,000
Price
Beds
6,994 Sq. Ft.
$458 / Sq. Ft.
6,994
Sq. Ft.
$458
per Sq. Ft.

Description

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...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.
  1. Listed by Karl Fong Yee • The Keyes Company
  2. Listed by Ariel Guerra • The Keyes Company

Property Details for 129 Southeast 5th Street

Subdivision
HALLANDALE PARK NO 3
Style
Fourplex
Waterfront
No
Area
3040
Geographic Area
Hollywood East (3010-3050)
Auction
No
Num Stories
1
Sq Ft Total
6994

Location

Listing Courtesy of The Keyes Company
Add your commute
LISTING UPDATED: 03/29/2024 04:54 PM

Property Details for 129 Southeast 5th Street

StatusActive
MLS #A11480830
Days on Market180
Taxes$20,429 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1977
Lot Size0.32 AC / 13,994 SF
CountyBroward County

Location

Listing Courtesy of The Keyes Company
Add your commute

Building Information for 129 Southeast 5th Street

Stories-Residences-Year Built1977Building Size-Lot Size0.32 AC / 13,994 SF

Payment Calculator

$19,166 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,464

Property Taxes

$1,702

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 129 Southeast 5th Street

Location Information
Location Information
  • Parcel Number Free Text: 514227160560
  • Parcel Number MLX: 0560
  • MLS Area: 3040
  • Township Range: 51
  • Section: 27
  • Subdivision Number: 16
  • Subdivision Complex Bldg: HALLANDALE PARK NO 3
  • Unit Count: 0
  • Zoning Information: CENTRAL
General Information
Parking
  • Num Parking Spaces: 8
General Information
  • Property Type Information: Attached
  • Approximate Lot Size: 13994
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Construction: Concrete Block With Brick, CBS Construction
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Roof Description: Shingle Roof
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling, Wall/Window Unit Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: No
  • Cable Available: No
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Electric
Financial Information
Financial Information
  • Total Mortgage: $647,500
  • Type of Association: None
  • Flood Zone: AE,X
  • Tax Year: 2022
  • Tax Information: Tax Reflects Other Tax Exemption
  • Information Available: Other Available Information

Property History for 129 Southeast 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 129 Southeast 5th Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 5
Public - 1 to 12
Rating
School
Distance
Hallandale Elementary School
PublicPK to 8

Hallandale High School
Public9 to 12

South Broward Montessori Charter School
CharterK to 5

Lanier-James Education Center
Public1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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129 Southeast 5th Street is a multi-family home for sale in Hallandale Beach, FL 33009. This property was listed for sale on November 3, 2023 by The Keyes Company, it's currently listed at $3,200,000. It has been on the market for a total of 180 days and was last sold on February 26, 2019. This listing's school district is Broward. Nearby schools include Hallandale Elementary School, Hallandale High School and South Broward Montessori Charter School. 129 Southeast 5th Street is a 0-bed, 0-bath, 6,994 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Keyes Company

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.