For Sale
$4,500,000

2524 Hallandale Bch BlvdHallandale Beach, FL 33009

Prime location, approved plans, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 18,729 square foot commercial and residential land parcel, located at 2524 E Hallandale Beach Blvd in Hallandale Beach, Florida (zip code 33009), is offered at $4,500,000 ($266/sq ft). Situated in the CCB - CITY CENTRAL BUSINESS DISTRICT zoning area of Broward County, this property comes with approved plans for a 21-unit building. The approved plans allow for flexible usage, including short-term and nightly residential rentals, long-term residential rentals, or condominium sales. Conservative estimates project a 6.4% return on investment for short-term rentals after accounting for land acquisition, construction, ongoing maintenance, and management. This presents a unique opportunity for investors seeking a high-return property with pre-approved development plans in a prime Hallandale Beach location. The property's versatility and strong projected ROI make it an attractive investment prospect. The approved plans are provided with the purchase of the vacant land.

Property Details for 2524 Hallandale Bch Blvd

Property type
Land

Location Insight

City
Hallandale Beach
County
Broward
State
Florida
Latitude
25.985681322711
Longitude
-80.123779046041
2524 Hallandale Bch Blvd, Hallandale Beach, Florida

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2524 Hallandale Bch Blvd
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