luxury

$6,499,000

228 SE 9th Street, Hallandale Beach, FL 33009

Hallandale Beach, FL, 33009

— bd · — ba · — sqft

Listed by Douglas Elliman

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Work through the cash needed at closing, including property taxes.

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About this home

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Mixed-Use Development Opportunity to acquire a nearly 1-acre assemblage in one of South Florida’s most active redevelopment corridors. Comprised of 6 folios totaling approximately 43,125 SF, this site received a full Development Review Committee (DRC) Approval for a mixed-use project, approximately 78,000 buildable SQ/FT. featuring residential & commercial components, allowing a developer to bypass much of the entitlement process and accelerate delivery. Key advantage of approval is the ability to utilize surface-level parking, resulting in substantial construction cost savings compared to projects requiring structured parking. Located in a Opportunity Zone & RAC (Regional Activity Center), benefiting from flexible development options & city initiatives designed to encourage investment, density & economic growth. Positioned just west of Gulfstream Park, few blocks north of Aventura Hospital/Medical Center and future Uptown Aventura mixed-use district, the site offers exceptional access to major employment centers, retail destinations, entertainment venues, and key transportation corridors. This is a rare opportunity for developers, investors, and OZ buyers to acquire a fully approved mixed-use development site which incudes income-producing multi-family w/ below-market rent, reduced entitlement risk & construction-cost advantages in one of South Florida’s most dynamic growth markets. The Seller is open to outright sale or potential joint ventures for the subject property.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • Price reduced 32%

    The seller has come down from $9,499,000 to $6,499,000 — a $3,000,000 reduction since it came on the market.

  • 135 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

228 SE 9th Street, Hallandale Beach, FL 33009 · Hallandale Beach

Location

228 SE 9th Street, Hallandale Beach, FL 33009

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995