129 SE 5th St, Hallandale Beach, FL 33009
Local realty services provided by:Countywide Properties ERA Powered
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:May 29, 2026 at 07:37 PM
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
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