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450 Paradise Isle Boulevard
About this home
ONCE-IN-A-LIFETIME UNIQUE OPPORTUNITY! Amazing Opportunity to Own this Beautiful Ground Lease in the City of Hallandale. It is a TRUE ISLAND, surrounded by over 2,200 linear feet of waterway on all 3 sides connected to the mainland by bridge... just 1 minute to the Intercoastal waterway. Lot size is 4.28 acres with 7 buildings comprised of #194 apartment units, a recreational center, and #42 Boat slips and docks. Enjoy this NO-Responsibility Investment and watch your equity grow. ( $75,000 per year Cash Flow ). Purchase this ground lease for a fraction of what it will be worth when it matures!!!
Listing last checked: Listing updated:
Listed by Joe F. Caprio · Joe Caprio & Co. Real Estate · MLS #B26044993
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Details at a glance
Building1 property facts
- Style
- Boat Slip
Land & utilities5 property facts
- Lot size
- 4.28 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Zoning
- RM-18
Financial2 property facts
- Annual taxes
- $0
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $6,650,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$33,626 / monthAdjust
- Principal & interest
- $33,626
- Property tax
- $0
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $0. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- New
$2,600 · Sep 24, 2026
- Ter
$2,800 · Apr 25, 2026
- Sld
$205,000 · Sold $180,000 · Jun 11, 2024
- Ter
$6,650,000 · May 13, 2024
- Ter
$6,650,000 · May 13, 2024
- Sld
$289,000 · Sold $275,000 · Dec 10, 2023
- Sld
$250,000 · Sold $248,000 · Feb 6, 2022
- Sld
$250,000 · Sold $230,000 · Feb 4, 2022
- Sld
$250,000 · Sold $249,000 · Feb 1, 2022
- Sld
$235,000 · Sold $220,000 · Nov 9, 2021
- Sld
$227,000 · Sold $220,000 · Jul 28, 2021
- Sld
$135,000 · Sold $128,000 · Dec 2, 2020
- Lsd
$1,250 · Sold $1,250 · May 16, 2018
- Sld
$219,000 · Sold $210,000 · Apr 17, 2018
- Sld
$149,900 · Sold $145 · Dec 13, 2017
- Sld
$159,000 · Sold $150,000 · Apr 18, 2016
- Sld
$128,000 · Sold $115,555 · Mar 29, 2016
- Sld
$129,000 · Sold $122,000 · Feb 1, 2016
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About 450 Paradise Isle Boulevard
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