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.
MLS# | A11684592 |
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Listing Type | For Sale |
Style | Retail |
Building Name | Imperial Towers |
Suite Number | 101 |
Sub-Type | Resale |
Status | Active |
Year | 1970 |
Days On Site | 148 |
Listing Provided By | APEX Capital Realty LLC | Yonatan Sunshine |
SQ Feet | 9,354 |
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Units | 7 |
Building(s) | 1 |
Zoning | RM-HD-2 |
Acreage | 9354.00 |
Water Front | Yes |
State | FL |
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County | Broward |
City | Hallandale Beach |
Zip Code | 33009 |
Area | 3010 |
Listing VS Median (In 33009) | |
Price: $1,999,999 low | high Med: $190,000 SqFt: 9,354 low | high Med: 680 $ / SqFt: $214 low | high Med: $280 On site: 148 low | high Med: 61.500000 |