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Gelfand Realty Miami Properties for Sale - Retail for Sale

1801 S OCEAN DR #101, HALLANDALE BEACH, FL 33009

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Retail - Imperial Towers for Sale

1801 S OCEAN DR #101, HALLANDALE BEACH, FL 33009

Asking Price$1,999,999 Change Price$250,001

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  • Lot size 9354sqft
  • Year Built 1970

  • Days on market:

    29 day(s)

  • Original Price:

    $2,250,000

  • Tax Legal Description:

    IMPERIAL TOWERS NORTH CONDO UNIT 101 AKA SUPERINTENDENT'S UNIT PER CDO BK/PG: 4251/502

  • Property Type:

    Retail

  • Waterfront:

    Yes

  • Special Listing Conditions:

    Sale

Description

$1,999,999 • waterfront access

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.

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