FL > Oakland Park
Oakland Park, FL 33311,2759 W Oakland Park Blvd
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Oakland Park, FL 33311,2759 W Oakland Park Blvd
Oakland Park, FL 33311,2759 W Oakland Park Blvd
Oakland Park, FL 33311,2759 W Oakland Park Blvd
Oakland Park, FL 33311,2759 W Oakland Park Blvd
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 1,880,000
Est. payment /mo
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2759 W Oakland Park Blvd Oakland Park, FL 33311

2,706 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,706 sqft

Price per Sqft $694

MLS Listing ID A11684998

HOA Y/N No

Year Built 1985

Annual Tax Amount $23,459

Tax Year 2023

Lot Size 0.643 Acres

Property Sub-Type Retail

Property 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.

Location

State FL

County Broward

Area 3550

Interior

Cooling Central Air

Exterior

Private Pool Yes

Building

Water Public

Others

Tax ID 494220010014

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11684998

Listed by The Cardenas Group Realty
agent

Alex Mendel

Agent

+1(561) 827-8449

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2759 W Oakland Park Blvd

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