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27 & 33 SW 5th St

0.45 Acres of Residential Land Offered at $1,449,000 in Hallandale Beach, FL 33009

Investment Highlights

  • Appx 1/2 acre, mixed use, 5 stories allowed. Not flood zone - 9' above sea level.
  • Opp Zone. 2 corners and alley. blocks to Gulfstream. 3 blks to 26 acre park.
  • Currently 2 single family homes. Appx $7500/month till you build.

Executive Summary

27 and 33 SW 5th St sold together only. Combined, almost 20,000 sf land. Two corner and alley. Currently, Two homes: partially rented, can bring in $7500K/month. Zoning allows 5-stories, mixed use. Zoning allows mixed use, large footprint permitted. Not in Flood zone. 9 above sea level. Blocks to Gulfstream. Huge park 3 blocks away. Only sell two lots jointly. Opportunity Zone. Appx 9' above sea level and not in flood zone! May finance with large down payment.

Property Facts

Price $1,449,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.45 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,449,000
Price Per AC $3,220,007
Lot Size 0.45 AC

Combined, almost 20,000 sf land. Two corner and alley. Currently, Two homes. Opportunity zone and CRA. blocks to gulfstream racetrack. 9' above sea level (not in flood zone). Can build 5 stories, residential and/or commercial.

Description

Two homes rented, bring in appx $7500/month. Land hold or build now? Use existing homes for current residential or biz use? School, dog day care ...? Not in flood zone. 9' above sea level. Close to Gulfstream. Quiet safe neighborhood. Richard / owner 786-290-0656

zoning

Zoning Code TRANSIT CORE (Build- 5 stories, 8 units "as of right" but units under 500 sf count as half a unit. ... many more if 15% are workforce. commercial and/or residential)
TRANSIT CORE (Build- 5 stories, 8 units "as of right" but units under 500 sf count as half a unit. ... many more if 15% are workforce. commercial and/or residential)
  • Listing ID: 33126496

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 27 & 33 SW 5th St, Hallandale Beach, FL 33009

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