FL > Oakland Park
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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Cesar Villarreal

Cesar Villarreal

+1(305) 215-2916
$1,880,000
Est. payment /mo
2,706 SqFt
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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

Read Less Info
Miami Association of Realtors (SEFMIAMI MLS)
Listed by The Cardenas Group Realty

Questions about this property?

Cesar Villarreal
Cesar Villarreal

TEAM LEAD | License ID: 3428680

+1(305) 215-2916

550 Biltmore Way PH 2, Coral Gables, Florida, 33134, USA

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2759 W Oakland Park Blvd

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