129 SE 5th St, Hallandale Beach, FL 33009

Hallandale Beach
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
129 SE 5th St,Hallandale Beach, FL 33009
$3,200,000
Virtual Tour
  • - Beds
  • - Baths
  • 13,990 sq. ft.
  • Multi-family
  • Active
Listed by: alexander virelles
Office: exclusive premier realty800-288-5791
MLS#:A11999268
Source:SEFMLS

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$228.77

About this home

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!!

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Home facts

  • Year built:1977
  • Listing ID #:A11999268
  • Updated:April 12, 2026 at 04:04 AM

Rooms and interior

  • Flooring:Ceramic Tile
  • Living area:13,990 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Units
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1977
  • Building area:13,990 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$228.77
  • Tax amount:$19,589 (2025)

Parking

  • Total parking spaces:8
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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