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205 NE 12th Ave

Hallandale Beach, FL 33009
  • $1,700,000
  • STATUS: Active
  • ON SITE: 145 Days
  • ID#: F10348761
UPDATED: 44 min ago
$1,700,000
  • 0
    BEDS
  • 0.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Mid-Core 7plex located east of Federal Hwy no longer represents its highest and best use.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 a NOI of $55,199.

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2023 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2023-02-08T11:18:45.863.
www.edvincentteam.com/homes/133126633
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205 NE 12th Ave Hallandale Beach, FL 33009

  • Price: $1,700,000
  • Status: Active
  • On Site: 145 Days
  • Updated: 44 min ago
  • ID#: F10348761
0
Beds
0
Baths
0
½ Baths
0.75
Acres
Neighborhood:
Sub Of Sec 27-51-42 B-13
County:
Broward
Area:
3020
Property Description
Mid-Core 7plex located east of Federal Hwy no longer represents its highest and best use.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 a NOI of $55,199.
Exterior Features

Approximate Lot Size 32764 Location Beach AreaCentral Business DistrictCity LocationNear Airport Lot Description Less Than 1 Acre Style Of Property Unimproved Single Family (5+ Lots) Type Of Property Residential Waterfront Property YN No

Property Features

Auction YN No Environmental Audit None For Lease No Geographic Area Hollywood East (3010-3050) On Site Utilities Cable TvElectricGasPhone LineSewerWater Possession Information Funding Property Sq Ft 32764 REO No Sewer Description Public Sanitation Subdivision Name Sub Of Sec 27-51-42 B-13 Tax Amount 12857 Tax Year 2021 Terms Considered CashConventional Usage Unimproved Multi Family (5+Units)Unimproved Single Family (5+ Lots) Utilities Available Cable TvElectricGasPhone LineSewerTrash RemovalWater Water Description Municipal Water Zoning Information Rd-12

Listing provided courtesy of Media Realty: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2023 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2023-02-08T11:18:45.863.
 
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1103 NE 26th St.
Wilton Manors FL, 33305