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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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228 SE 9th St , Hallandale Beach, FL 33009
$9,499,000
Est. Payment: $21,108.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 46
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DEOM10 - 3362423,3375463
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House Description

Mixed-Use Development Opportunity to acquire a nearly 1-acre assemblage in one of South Florida’s most active redevelopment corridors. Comprised of 6 folios totaling approximately 43,125 SF, this site received a full Development Review Committee (DRC) Approval for a mixed-use project, approximately 78,000 buildable SQ/FT. featuring residential & commercial components, allowing a developer to bypass much of the entitlement process and accelerate delivery. Key advantage of approval is the ability to utilize surface-level parking, resulting in substantial construction cost savings compared to projects requiring structured parking. Located in a Opportunity Zone & RAC (Regional Activity Center), benefiting from flexible development options & city initiatives designed to encourage investment, density & economic growth. Positioned just west of Gulfstream Park, few blocks north of Aventura Hospital/Medical Center and future Uptown Aventura mixed-use district, the site offers exceptional access to major employment centers, retail destinations, entertainment venues, and key transportation corridors. This is a rare opportunity for developers, investors, and OZ buyers to acquire a fully approved mixed-use development site which incudes income-producing multi-family w/ below-market rent, reduced entitlement risk & construction-cost advantages in one of South Florida’s most dynamic growth markets. The Seller is open to outright sale or potential joint ventures for the subject property.

Highlights

Listed by Robert Plotkin , 917-892-1975 and Joseph Azar , 305-240-1202 Douglas Elliman , 305-677-5000.

Property Type

Vacant Land

Lot/Acreage
0.3

County

Broward

Area

3040

Neighborhood

Hallandale Park

Listing ID

A12040786

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot Dimensions:221x240
Zoning:CENTRAL
Sewer:Public Sewer
Principal Interest
$21,109
Taxes
$1,579

Home Price

$9,499,000

Loan Details

30 yrs
%

Down Payment

20%
$1,899,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$21,108.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $21,108.89 $1,579.33 $0.00 $22,688.22
Yearly $253,306.67 $18,952.00 $0.00 $272,258.67
Total $7,599,200.00 $568,560.00 $0.00 $8,167,760.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hallandale Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.