Basic Information

  • MLS # A11684998
  • Type Retail
  • Status Active
  • Year Built 1985
  • Total Size 28,007 Sq.Ft / 0.64 Acre
  • Date Listed 10/30/2024
  • Days on Market 223
Description

The property is a retail building zoned B1, located within a proposed redevelopment area encompassing approximately 28,000 square feet of mixed-use space. The site allows for the construction of up to five (5) stories, presenting an excellent opportunity for the development of office and retail spaces. The projected resale value is $12,500,000, based on a 6% capitalization rate and a 9% internal rate of return (IRR). Additional details are available in the attached documents. The property currently generates a substantial annual income of $84,392, providing a solid return on investment.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Retail

Interior Features

  • Adjusted Sqft 0.64 AcreSq.Ft
  • Cooling Description Central Air
  • Sqft 0.64 Acre Sq.Ft

Property Features

  • Address 2759 W Oakland Park Blvd
  • Aprox. Lot Size 28,007
  • City Oakland Park
  • County Broward
  • Furnished Info no
  • Occupant Type Tenant
  • Possession Before Closing
  • Postal City Oakland Park
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $23,459
  • Tax Legal desc O A K L A N D F O R E S T76-25 B P O R T I O N O F T R A D E S C A S, C O M M A T S W C O R O F S E C, E2091.045, N60 T O P O B, C O N T N247.69, E113.045, S247.69, W113.045 T O P
  • Tax Year 2023
  • Type of Property Retail
  • Water Source Public

2759 W Oakland Park Blvd

Oakland Park, FL 33311

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