Condo in Hallandale Beach, FL 33009

Paradise Villas, 501 Blue Heron Dr #121-A

Income-producing 2-bedroom, 2-bath condo in a prime hallandale beach location, just one mile from the beach and within walking distance to shopping, supermarkets, and schools. The unit offers approximately 965 sf and is tenant occupied through november 2026, providing stable, in-place income at $1, 900/month. Community amenities include a heated pool, clubhouse, shared laundry, and additional storage. Convenient access to gulfstream park, aventura mall, and major roadways supports long-term rental demand. Seller is motivated. Ideal for investors seeking a stabilized asset in a high-demand coastal market. Special assessment is $162.33 per month.

For seasoned investors only!! Rented to great tenants @ $2, 200/month until 9/9/2026 giving out a good cap rate at asking price. Building has over 10% in reserves. 2 beds 2 baths with 2-car parking (in tandem). Only a few blocks from the beach. Tile floors throughout living, dining areas and master bedroom, 2nd bedroom with wood laminate floor, large walk-in closet, central a/c, updated kitchen, peaceful community with picnic/grill green area, unit has a screened porch with a relaxing canal view. Great location, close to publix, restaurants, gulfstream casino, beaches, and shops.