1801 S Ocean Dr

For Sale

Front Building

Retail Map

Property Location

Interior Photos

East View

Location

1801 S Ocean Dr COMMERCIAL CONDOS

City:Hallandale Beach

Property Status: For Sale

Yoni Sunshine yoni@apexcapitalrealty.com

Jason Abitbol jason@apexcapitalrealty.com

Price $1,999,999

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Property Summary

Gross Income: $196,715.28

Units: 7

Proforma NOI: $257,561

Proforma Cap Rate: 11.45%

Traffic Count: 71,000 AADT

Zoning: RM-HD-2

Allowable Uses: House of worship, public/private schools, public facilities/utilities, food store, beauty shop, restaurant, lounges, medical and professional offices.

Description We are proud to present a trophy retail investment opportunity located at Imperial Towers, a 420 unit luxury condo building located in Hallandale Beach. Aside from the prime real estate, and the ability for a buyer to control the entire retail segment of imperial towers, this unique offering provides a tremendous value add opportunity. Once leased at current market rates an investor will be able to enjoy an 11.45% Cap Rate in one of the most desired areas of South Florida.

Lot & Building Size Breakdown:

Gross Leaseable Area: 9,354 SF

Property Highlights

FT Lauderdale: 20 Minutes Drive Time

Aventura: 10 Minutes Drive Time

South Beach: 30 Minutes Drive Time

Details Property size: 7 Units Property Status: For Sale Property Type: Retail Year Built: 1970

Address City: Hallandale Beach State/country: Florida

Documents Property Brochure download

Listing Agents

Yoni Sunshine Commercial Advisor

216 973 9534 yoni@apexcapitalrealty.com

Jason Abitbol Commercial Advisor

(561) 542-3704 jason@apexcapitalrealty.com

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1801 S Ocean Dr COMMERCIAL CONDOS Retail Yoni Sunshine 6 months ago $1,999,999