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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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450 Paradise Isle Boulevard , Hallandale Beach, FL 33009
$6,650,000
Est. Payment: $33,563.07/mo
0 Bed
0 Bath
1864368 Sqft
Status: active | Days on site: 38
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

ONCE-IN-A-LIFETIME UNIQUE OPPORTUNITY! Amazing Opportunity to Own this Beautiful Ground Lease in the City of Hallandale. It is a TRUE ISLAND, surrounded by over 2,200 linear feet of waterway on all 3 sides connected to the mainland by bridge... just 1 minute to the Intercoastal waterway. Lot size is 4.28 acres with 7 buildings comprised of #194 apartment units, a recreational center, and #42 Boat slips and docks. Enjoy this NO-Responsibility Investment and watch your equity grow. $75,000 per year Cash Flow without any responsibility. Purchase this ground lease for a fraction of what it will be worth when it matures!!!

Highlights

Listed by Joe F Caprio , 954-434-1776 Joe Caprio & Co. Real Estate , 954-434-1776. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
4.28

Year Built

1964

County

Broward

Area

3040

Listing ID

B26044989

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Other:Public

Exterior Features

Garage Capacity:200
Zoning:RM-18
Roof:Composition,Shingle
Sewer:Not Connected (at lot),Public Sewer,Other
Parking Features:Assigned,Accessible Parking,Guest,RV Access/Parking
Principal Interest
$33,563
Taxes
$4,239

Home Price

$6,650,000

Loan Details

30 yrs
6.482%

Down Payment

20%
$1,330,000
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:
$33,563.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $33,563.07 $4,239.38 $0.00 $37,802.44
Yearly $402,756.80 $50,872.50 $0.00 $453,629.30
Total $12,082,704.10 $1,526,175.00 $0.00 $13,608,879.10

Today's Rates

30 Year

6.48%

20 Year

6.26%

15 Year

5.94%

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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.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T03:56:26.000Z

© 2026 REALTOR Association of Greater Miami and the Beach