516 Nw 4th Ave, Hallandale Beach, FL 33009

$2,600,000

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List Price
$2,600,000
Price Change
▲ $2,340,000 1787876916
MLS#
A12078963
Status
ACTIVE
Type
Commercial

Property Description

Exceptional mixed-use redevelopment opportunity on approximately 0.82 acres in central Hallandale Beach. The offering includes two existing church buildings, two 3-bedroom/2-bath residential units, and a substantial fenced vacant-land component. Several buildings have been upgraded and repainted, with security cameras installed throughout. WEST RAC zoning permits commercial and residential uses, offering flexibility for an owner-user, investment, or future redevelopment opportunity. Buyer to independently verify zoning, permitted uses, building areas, and all property information. The present density will allow 18 per sq. area. with the possibility to increase the land density allowing buildings with more than three stories. Building within a 1 mile radius are 9 stories high. This needs to be confirmed. PROPERTY IS PRICED TO SELL. The area outside the rectangle depicted in the picture can also be included which would provide a total area exceeding one acre; if required, the owner has agreed to negotiate terms and include it into the sale at an increased amount. All information provided must be independently confirmed. The property was appraised free and clear from all encumbrances. There are no indication of hidden or unapparent conditions of the property. There are no adverse environmental soil or sub-soil conditions are present on or near the subject property that would tend to adversely affect the value of the marketability of the property.

Additional Information

Days on Market
15
Water Access
Building & Land, Fixtures
Parcel Number
514221170340
Lot Size
35,911
Directions
Hallandale Beach Blvd east then go north or Pembroke Road east then go south from the I95
Address
516 Nw 4th Ave, Hallandale Beach
Year Built
1951
Section
21

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Calculator source: Real Geeks

Listing Courtesy of The Keyes Company, Contact: 754-244-1325