228 Se 9th St, Hallandale Beach, FL 33009

$9,499,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$9,499,000
Days on Market
73
MLS#
A12040786
Lot Size
13,224
Acres
1
Building Name
Hallandale Park

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.

Additional Information

Taxes
$18,952
Community Features
Hallandale Park
Zoning
CENTRAL
Utilities
Sewer Connected, Water Connected, Sewer Available, Trash Removal, Water Available

Listing Courtesy Of Douglas Elliman, Contact:

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks