Property Details
| Asking Price | $13,000,000 |
|---|---|
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $38,189 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 2024 |
| MLS # | A12040396 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by Rotundo Bros Miami Real Estate
Sales History for This Home · 1002 E Hallandale Beach Boulevard 2-101, Hallandale Beach, FL 33009
Sales history is unavailable for this property
Listed by Rotundo Bros Miami Real Estate. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Hallandale Beach and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.