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Eytan Benzeno

eytan@benzeno.com +1(305) 340-6922

$ 13,000,000

Est. payment -/mo

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

10,125 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 10,125 sqft

Price per Sqft $1,283

MLS Listing ID A12040396

HOA Y/N No

Year Built 2024

Annual Tax Amount $38,189

Lot Size 10,125 Sqft

Property Sub-Type Condominium

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.

Location

State FL

County Broward

Area 3040

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 514227FA0110

Ownership Limited Partnership

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, Lease Back

Listing Terms Cash, Conventional, 1031 Exchange, Lease Back

Special Listing Condition Corporate Listing

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12040396

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Rotundo Bros Miami Real Estate

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Eytan Benzeno

Broker Associate | License ID: 3484951

+1(305) 340-6922

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PROPERTY DETAILS

Eytan Benzeno

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

Key Details

Location

Interior

Exterior

Building

Others

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1002 E Hallandale Beach Blvd #2-101