This is 14 units in Hallandale Beach, an A+ rated location! Property consists of 10 efficiencies, 2-2/2s, and 2-1/1s. The property was run as an Assisted Living faciitly prior to 2019 and can still function as one with a license. The city will allow for up to 20 residents for an ALF. Its currenty functioning as regular rental property.
1st building: Consists of 10 efficiencies-rented at 1300/mo month to month (3200 sq ft)
2nd building: Consists of 2-2/2s-rented at 2300/mo each unit and 2-1/1s rented at 1800/mo each unit.(3200 sq ft)
NOI=221,067
If you have or acquire an ALF license, you can get 4-5k per resident have up to 20 residents. Possible Pro Forma NOI running as an ALF=$545,090!
4 power meters and 2 water meters
Both roofs are new!!
1st building: Consists of 10 efficiencies-rented at 1300/mo month to month (3200 sq ft)
2nd building: Consists of 2-2/2s-rented at 2300/mo each unit and 2-1/1s rented at 1800/mo each unit.(3200 sq ft)
NOI=221,067
If you have or acquire an ALF license, you can get 4-5k per resident have up to 20 residents. Possible Pro Forma NOI running as an ALF=$545,090!
4 power meters and 2 water meters
Both roofs are new!!
Property Details
Price:
$3,200,000
MLS #:
A11999268
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
HALLANDALE PARK NO 3
Neighborhood:
hallandaleparkno3
Listed Date:
Apr 10, 2026
Finished Sq Ft:
13,990
Total Sq Ft:
13,988
Year Built:
1977
See this Listing
Schools
Interior
Cooling
Central Air, Wall/Window Unit(s)
Flooring
Ceramic Floor
Heating
Central
Exterior
Architectural Style
Detached
Construction Materials
Concrete Block Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
8
Parking Total
8
Roof
Shingle
Stories
1
Financial
Tax Year
2025
Taxes
$19,589
Map
Community
- Address129 SE 5th St Hallandale Beach FL
- SubdivisionHALLANDALE PARK NO 3
- CityHallandale Beach
- CountyBroward County
- Zip Code33009
Subdivisions in Hallandale Beach
Market Summary
Current real estate data for Multi Family in Hallandale Beach as of Jul 02, 2026
25
Multi Family Listed
176
Avg DOM
415
Avg $ / SqFt
$1,060,340
Avg List Price
Property Summary
- Located in the HALLANDALE PARK NO 3 subdivision, 129 SE 5th St Hallandale Beach FL is a Multi Family for sale in Hallandale Beach, FL, 33009. It is listed for $3,200,000 To schedule a showing of MLS#a11999268 at 129 SE 5th St in Hallandale Beach, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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