516 NW 4th Ave, Hallandale Beach FL 33009

About This Property

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.

Property Details

Property Type

Mixed Use

Status

Active

MLS #

A12078963

Building Area

6,529 SF

Lot Size

35,911 SF

Year Built

1951

Zoning

WEST RAC

Days on Market

1

Price

$2,600,000