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$3,200,000 Just Listed
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Property Description
This is 14 units in Hallandale Beach, an A+ rated location! Property consists of 10 efficiencies, 2-2/2s, and 2-1/1s. The property was run as an Assisted Living faciitly prior to 2019 and can still function as one with a license. The city will allow for up to 20 residents for an ALF. Its currenty functioning as regular rental property. 1st building: Consists of 10 efficiencies-rented at 1300/mo month to month (3200 sq ft) 2nd building: Consists of 2-2/2s-rented at 2300/mo each unit and 2-1/1s rented at 1800/mo each unit.(3200 sq ft) NOI=221,067 If you have or acquire an ALF license, you can get 4-5k per resident have up to 20 residents. Possible Pro Forma NOI running as an ALF=$545,090! 4 power meters and 2 water meters Both roofs are new!!
Full Property Details
Full Property Details for 129 SE 5th St #1-4
General
- Price: $3,200,000
- Taxes: $19,589
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11999277
- Updated: 4/11/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Apartments
Interior
- Flooring: Ceramic Floor
Additional Information
- Security/Safety: Other Fire Protection, Smoke Alarm, Fire Sprinkler System
Location
- County: Broward County
Community
- Units Assoc/Comm: 14
Structural Information
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Shingle
- Stories/Levels: 1
- Building Size: 6994
- Year Built: 1977
Unit Information
- Units in Complex: 14
Lot Features
- Lot Size (Sq. Ft.): 13,490
- Lot Features: City Location
- Zoning: CENTRAL
Financial Considerations
- Operating Expenses: $33,333
- Tax Amount: $19,589
- Terms: All Cash, Conventional/Refinance, Owner Will Carry
- Tenant Pays: Electricity, Water
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: HALLANDALE PARK NO 3 6-7 B LOTS 38, 39 & 40 BLK 3
- Inclusions: Building & Land
- Property ID: 514227160560
Listed by Exclusive Premier Realty
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Schools
Schools serving 129 SE 5th St #1-4
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Hallandale Elementary School 1000 Southwest 3rd Street, Hallandale Beach, FL 33009 | K-5 | 1 mi |
Hallandale High School 720 Northwest 9th Avenue, Hallandale Beach, FL 33009 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 129 SE 5th St #1-4
Date
Details
Price
Change
Source
4/10/2026
Listed
$3,200,000
201.89%
MLS
2/08/2019
Sold
$1,060,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 129 SE 5th St #1-4
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,343
—
$880,280
-3%
2024
$20,343
-2%
$906,710
—
2023
$20,783
6%
$906,710
—
2021
$19,686
-4%
$906,710
—
2022
$20,429
4%
$906,710
—
2021
$19,686
83%
$906,200
78%
2019
$10,734
-1%
$508,070
1%
2018
$10,879
13%
$503,610
-11%
2017
$9,629
4%
$564,790
7%
2016
$9,285
8%
$528,400
22%
2015
$8,610
7%
$432,540
4%
2014
$8,029
4%
$413,940
5%
2013
$7,750
—
$395,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 129 SE 5th St #1-4
129 SE 5th St #1-4, Hallandale Beach, FL 33009 (MLS# A11999277) is a Apartment property. 129 SE 5th St #1-4 is currently listed for $3,200,000 and was received on April 10, 2026. Want to learn more about 129 SE 5th St #1-4? Do you have questions about finding other Apartment real estate for sale in Hallandale Beach? You can browse all Hallandale Beach real estate or contact a Coldwell Banker agent to request more information.

