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$13,000,000
31 Days On Site

1002 E Hallandale Beach Blvd 2-101
Hallandale Beach, FL 33009

For Sale|Condominium|Active
0
Beds
0
Total Baths
10,125
SqFt
$1,284
/SqFt
2024
Built
County:
Broward

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1002 E Hallandale Beach Blvd 2-1011002 E Hallandale Beach Blvd 2-1011002 E Hallandale Beach Blvd 2-1011002 E Hallandale Beach Blvd 2-101
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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.

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Listing Snapshot
Price 
$13,000,000
Days On Site 
31 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,125 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2324 Acres
Year Built 
2024
MLS® Number 
A12040396
Status 
Active
Property Tax 
$38,189
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
a month agoPrice changed to $13,000,000
a month agoListing first seen on site
General Features
Levels 
One
Property Sub Type 
Condominium
Security 
Fire Sprinkler SystemSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
10125
Water Source 
Public
Zoning 
CCB
Interior Features
Cooling 
Central Air
Heating 
CentralElectric
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Community Features
Financing Terms Available 
CashConventionalLease Back
MLS Area 
3040
Listing courtesy of Rotundo Bros Miami Real Estate

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Neighborhood & Commute
Source: Walkscore
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