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MLS# A11999268 - 129 SE 5th St Hallandale Beach, FL 33009
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!!

Exclusive Premier Realty is the brokerage office representing the owner for this listing.
© Copyright 2026 Miami Multiple Listing Service All Rights Reserved. The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Multiple Listing Service, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
The MLS data provided for the property above is provided courtesy of AfterNorth and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This website is a service of ALM Realty & Services, Inc., a broker participant of the Miami Association of REALTORS®. ALM Realty & Services, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. MiamiRE data last updated at 4/11/2026 7:05:00 PM.

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!!

Exclusive Premier Realty is the brokerage office representing the owner for this listing.
© Copyright 2026 Miami Multiple Listing Service All Rights Reserved. The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Multiple Listing Service, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
The MLS data provided for the property above is provided courtesy of AfterNorth and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This website is a service of ALM Realty & Services, Inc., a broker participant of the Miami Association of REALTORS®. ALM Realty & Services, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. MiamiRE data last updated at 4/11/2026 7:05:00 PM.