Commercial property in Hallandale Beach, Florida № 2242682

Commercial property in Hallandale Beach, Florida № 2242682
ID2242682 $ 9 499 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2242682

Property description

Mixed-Use Development Opportunity to acquire a nearly 1-acre assemblage in one of South Florida’s most active redevelopment corridors. Comprised of 6 folios totaling approximately 43,125 SF, this site received a full Development Review Committee (DRC) Approval for a mixed-use project, approximately 78,000 buildable SQ/FT. featuring residential & commercial components, allowing a developer to bypass much of the entitlement process and accelerate delivery. Key advantage of approval is the ability to utilize surface-level parking, resulting in substantial construction cost savings compared to projects requiring structured parking. Located in a Opportunity Zone & RAC (Regional Activity Center), benefiting from flexible development options & city initiatives designed to encourage investment, density & economic growth. Positioned just west of Gulfstream Park, few blocks north of Aventura Hospital/Medical Center and future Uptown Aventura mixed-use district, the site offers exceptional access to major employment centers, retail destinations, entertainment venues, and key transportation corridors.
This is a rare opportunity for developers, investors, and OZ buyers to acquire a fully approved mixed-use development site which incudes income-producing multi-family w/ below-market rent, reduced entitlement risk & construction-cost advantages in one of South Florida’s most dynamic growth markets. The Seller is open to outright sale or potential joint ventures for the subject property.
MLS #: A12040786
Contact the seller
Contact me via
CityHallandale Beach
Address228 SE 9th St, Hallandale Beach FL 33009
TypeCommercial property
Price
  • Price
  • per m²
$ 9 499 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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