This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Build-to-Rent Property is no longer advertised on LoopNet.co.uk.

1801 S Ocean Dr
Hallandale Beach, FL 33009
Commercial Condos For Sale · Build-to-Rent Property For Sale · 7 Units

INVESTMENT HIGHLIGHTS

  • Units: 7
  • Allowable Uses: House of worship, public/private schools, public facilities/utilities, food store, beauty shop, restaurant, lounges, medical offices
  • Traffic Count: 71,000 AADT
  • Gross Income: $196,715.28

EXECUTIVE SUMMARY

Aside from the prime real estate, and the ability for a buyer to control the entire retail segment of imperial towers, this unique offering provides a tremendous value add opportunity. Once leased at current market rates an investor will be able to enjoy an 11.45% Cap Rate in one of the most desired areas of South Florida.

PROPERTY FACTS

No. Units 7
Property Type Build-to-Rent
Property Subtype
Apartment
  • General Retail Shopfront Retail / Residential
  • Office / Residential
Apartment Style Mid-Rise
Costar Property Class B
Total Plot Size 2.37 ac
Property Size 9,354 sq ft
Average Occupancy 100%
No. Floors 1
Year Built 1970
APN / Parcel ID
51-42-26-BB-0090
  • 51-42-26-BB-0150
  • 51-42-26-BB-0240
  • 51-42-26-BB-0260
  • 51-42-26-BB-0280
  • 51-42-26-BB-0290
  • 51-42-26-BB-0340
  • 51-42-26-BB-0380
  • 51-42-26-BB-0470
  • 51-42-26-BB-0530
  • 51-42-26-BB-0550
  • 51-42-26-BB-0690
  • 51-42-26-BB-0940
  • 51-42-26-BB-0960
  • 51-42-26-BB-1050
  • 51-42-26-BB-1110
  • 51-42-26-BB-1150
  • 51-42-26-BB-1220
  • 51-42-26-BB-1230
  • 51-42-26-BB-1240
  • 51-42-26-BB-1250
  • 51-42-26-BB-1280
  • 51-42-26-BB-1401
Use Class RM-HD-2 - RESIDENTIAL MULTI-FAMILY <HIGH DENSITY>
  • Listing ID: 32097587

  • Date on Market: 11/06/2024

  • Last Updated:

  • Address: 1801 S Ocean Dr, Hallandale Beach, FL 33009

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}