516 NW 4th Avenue, Hallandale Beach, FL 33009

$2,600,000

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List Price
$2,600,000
Status
ACTIVE
Days on Market
21
MLS#
A12078963
Subtype
Commercial Sale
Year Built
1951
Acres
0.82
Neighborhood
HWEA - Hollywood East (3010-3050)
MLS Area Major
4460

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

Flooring
Carpet
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Roof
Shingle
Parking Features
Common, Free Parking

Listing courtesy of The Keyes Company. Contact:

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Agent: Othniel Sculley | Email: othnielsculley@keyes.com