$1,880,000

2759 W Oakland Park Blvd, Oakland Park, FL 33311

  • 2,706 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon0.64acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $695/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Date Added:
October 30, 2024 at 05:00AM
Listing Office:
The Cardenas Group Realty : 800-314-1404
Listing Agent:
Carlos Cardenas : 954-707-0927
MLS ID:
A11684998
  • A/C: Central Building A/C
  • Road/Access: City Street
  • Originating MLS: Miami Association of REALTORS®
  • County: Broward County
  • Zoning: B-1OAKLAND FOREST 76-25 B PORTION OF TR A DESC ASCOMM AT SW COR OF SECE 2091.045N 60 TO POBCONT N 247.69E 113.045S 247.69W 113.045 TO P494220010014
  • Water: Public
  • Source: Miami Association of REALTORS®

This listing courtesy of Carlos Cardenas, The Cardenas Group Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

O

Oriole Elementary School

3081 NW 39th St, Lauderdale Lakes, FL, 33309

Grades PK-5

0.69 miles away

L

Lauderdale Lakes Middle School

3911 NW 30th Ave, Lauderdale Lakes, FL, 33309

Grades 6-8

0.69 miles away

S

Sunfire High School

2360 W Oakland Park Blvd, Oakland Park, FL, 33311

Grades 9-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.