1801 S Ocean Dr 101Hallandale Beach, FL 33009

FOR SALE - Active
$1,999,999
$2,250,000 (11.1%)

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 9,354 ft2/869.01 m2
  • Price Per: $213.81 ft2/$2,301.46 m2
  • Type: Commercial/Investment
  • Built: 1970
  • HOA: No info
  • MLS Number: A11684592
  • View No info
  • On Site: 43 days
  • Updated: Listing Refreshed: 14 Days Ago

We are proud to present a trophy retail investment opportunity located at Imperial Towers, a 420 unit luxury condo building located in Hallandale Beach. Aside from the prime real estate, and the ability for a buyer to control the entire retail segment of imperial towers, this unique offering provides a tremendous value add opportunity. Once leased at current market rates an investor will be able to enjoy an 11.45% Cap Rate in one of the most desired areas of South Florida.

Price History

DateEventPriceChange RatePrice Per
11/13/2024Price Reduced$1,999,999.0011.1%$213.81 ft2/$2,301.46 m2
10/29/2024Listed$2,250,000.00$240.54 ft2/$2,589.14 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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