Listed By:
This listing is courtesy of Rotundo Bros Miami Real Estate
Address
1002 E Hallandale Beach Blvd 2-101, Hallandale Beach, FL
Price
$ 13,000,000
Property Attributes
  • MLS#A12040396
  • TypeSingle Family
  • Listing Status Active
  • CountyBroward
  • CityHallandale Beach
  • Area3040
  • Zip33009
  • Style
  • Year Built2024
  • Taxes$ 38189
  • Price$ 13,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10125
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

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.

Price History
6/20/2026 Listed $13,000,000

General Features

Sewer PublicSewer
Heating Central,Electric
Cooling CentralAir
Possession SellerRentBack
Security Features FireSprinklerSystem,SmokeDetectors
Year Built 2024
Tenant Pays CommonAreaMaintenance,Electricity,HvacMaintenance,Insurance,MinorInteriorMaintenance,Taxes
Stories Count 1
Levels One
Unit Number 2-101
Property Subtype Condominium
Ownership Limited Partnership
County Broward
Property Type CommercialSale
Special Listing Conditions CorporateListing
Status Active
City Hallandale Beach
Zoning Description CCB
MLS Area 3040
Lot Size Units SquareFeet
Lot Size Square Feet 10125
Listing Terms Cash,Conventional,Exchange1031,LeaseBack
Year Built Details New Construction
Tax Annual Amount 38189
Ok to Lease LongTerm
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12040396
Structure Type Retail
Lease Type Nnn
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Condominium
PostalCity Hallandale Beach
Legal Description OASIS HALLANDALE COMM CONDO I UNIT 2-101 PER CDO CIN #117473065

Interior Features

Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Water Source Public
Lot Size Area 10125
Number of Buildings 1
Building Area Total 10125
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33009

Price
AVG $500K
$13M
Taxes
AVG $25,570
$38,189
Year Built
AVG 1984
2024

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