1002 E Hallandale Beach Blvd #2-101, Hallandale Beach, FL 33009
1002 E Hallandale Beach Blvd #2-101, Hallandale Beach, FL 33009
1002 E Hallandale Beach Blvd #2-101, Hallandale Beach, FL 33009
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
William Gartin

William Gartin

+1(305) 842-6097
$13,000,000
Est. payment /mo
10,125 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 10,125 sqft

Price per Sqft $1,283

MLS Listing ID A12040396

HOA Y/N No

Year Built 2024

Annual Tax Amount $38,189

Lot Size 10,125 Sqft

Property Sub-Type Condominium

Property Description

Premier 6% Cap NNN Sale-Leaseback | 30-Yr Lease Value | Opportunity Zone. Unparalleled passive income and massive institutional tax-shelter opportunity in South Florida's premier retail corridor! Acquire a pristine trophy commercial retail asset, delivering an immediate, rock-solid 6.00% Cap Rate. This hands-off investment features an absolute Triple Net (NNN) Sale-Leaseback with a 30-year total lease structure. The Tenant covers 100% of rent, insurance, taxes, and maintenance * Elite Tenant: Occupied by KC Market, a highly successful and established premier kosher supermarket operator. Consistently and profitably operating 3 flagship locations across Hollywood, Hallandale, and Boynton Beach. Nestled within the ultra-luxury Oasis Hallandale development, the property benefits from immense neighborhood synergy with Shell Bay Golf Club, Gulfstream Park Racing, and the Diplomat Mall driving relentless local and hospitality traffic * Unmatched Wealth-Preservation & Tax Benefits: Ideal for Qualified Opportunity Funds (QOF) looking to utilize a 10-year hold to hedge against the standard ~24% capital gains tax. 1031 Exchange Friendly: A perfect, premium replacement property for investors needing to deploy capital from a recent sale. Cost Segregation: prime candidate for an accelerated depreciation study, allowing the buyer to harvest massive passive losses to offset active gains. Secure a generational, inflation-resistant asset with an elite, long-term tenant already in place.

Location

State FL

County Broward

Area 3040

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 514227FA0110

Ownership Limited Partnership

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, Lease Back

Listing Terms Cash, Conventional, 1031 Exchange, Lease Back

Special Listing Condition Corporate Listing

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12040396

Read Less Info
Miami Association of Realtors (SEFMIAMI MLS)
Listed by Rotundo Bros Miami Real Estate

GET MORE INFORMATION

William Gartin

William Gartin

+1(305) 842-6097

Agent | License ID: 3422133

Agent License ID: 3422133

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from William Gartin, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

};