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Residential Income
$3,200,000
129 SE 5th St Hallandale Beach, FL

A11999268

473 of 511 for Sale
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an agent
  • Listed On:

    Apr 11, 2026
  • Days on Market:

    1
  • Year:

    1977
  • Taxes:

    $19,589 per year
  • Floor Description:

    Ceramic Floor
  • Occupancy:

  • Zoning:

  • Parking:

129 SE 5th St Hallandale Beach, FL 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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