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Commercial Off Market
205 NE 12th Ave
Hallandale Beach, Florida 33009
Broward CountyCommunity: Sub Of Sec 27-51-42 B-13
$1,700,000
0 br, 0.0 bath
0 sq. ft.
0.750 acres
Mid-Core 7plex located east of Federal Hwy no longer represents its highest and best use. the lot size is 32,762 SF or .75 Acre and will accommodate 10 townhomes by right. Zoned R-12 which allows 14 units per acre. At 1,500 square feet per unit (3/2) +10 Townhouses constructed at $150/SF yields a residual land value of $1.7 Million (list price) Download the Offer Memorandum which provides H&B analysis and comps for area land sales. Property tour available with offer/contract. Property is leased on a M-T-M basis with aNOI of $55,199.
Interior:
- Bedrooms: 0
- Baths: 0.0
- Sq Ft: 0
- Year Built: 0
- Utilities:
- Fireplaces:
- Stories:
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.750 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof: Unknown
- Property Taxes: $12,857
- MLS #: F10348761
Contact Information:
Ad Number: 3148259
Viewed 56 times.
Updated: Sep 15, 2022
This property is a Commercial located at 205 NE 12th Ave, Hallandale Beach, Florida 33009, and is currently Off Market at $1,700,000. This Commercial has 0 bedrooms, 0.0 baths, 0 sq ft.