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Division of Rehabilitation and Liquidation

Hallandale Beach, FL – 2 Commercial Warehouses – Close to I-95 and US Hwy 1

North Warehouse Address: 133 NE 1st Ave., Hallandale Beach, FL 33009
Folio: 51-42-27-06-0041
Appraised Value: $280,000

Description: The north warehouse consists of two units which total 3,817 SF of commercial space. Constructed of concrete block in 1962 at street level, the property has vinyl and terrazzo floors throughout, one restroom, fixed windows, and glass doors. It is currently occupied by two tenants.

South Warehouse Address: 129 NE 1st Ave., Hallandale Beach, FL 33009
Folio: 51-42-27-06-0050 & 0060
Appraised Value: $160,000

Description: The south warehouse is 2,550 SF of commercial space. Constructed in 1954 at street level, the property has vinyl and terrazzo floors throughout, one restroom, fixed windows, and glass doors. It is currently tenant occupied.

Disclaimer: This initial posting is just informational in order to publicly advertise that the above two properties are upcoming for sale. The above properties are currently listed at their appraised value. However, the Receiver is in the process of completing a property inspection of both warehouses by a licensed property inspector. These results of the two inspections could have an effect on the asking prices if the properties are sold “as is” with proper disclosure of any defects and/or needed repairs. Additional information will be posted in early January 2013 once the property inspections are finalized. The update will 1) include disclosure of the property inspections, 2) provide amended “as is” asking prices, 3) provide a deadline for making a bid on one or both properties and 4) provide a contact person if you would like an opportunity to view the property.


CONTACT: Hugh Dates, Deputy Receiver
Florida Department of Financial Services-Division of Rehabilitation and Liquidation
Phone Number(s): 786-336-1381 OR 305-798-0353
e-mail hugh.dates@myfloridaCFO.com