Oakland Park, FL 33311 2759 W Oakland Park Blvd

2759 W Oakland Park Blvd Oakland Park, FL - Image 12759 W Oakland Park Blvd Oakland Park, FL - Image 22759 W Oakland Park Blvd Oakland Park, FL - Image 3
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2759 W Oakland Park Blvd Oakland Park, FL - Image 42759 W Oakland Park Blvd Oakland Park, FL - Image 52759 W Oakland Park Blvd Oakland Park, FL - Image 62759 W Oakland Park Blvd Oakland Park, FL - Image 72759 W Oakland Park Blvd Oakland Park, FL - Image 82759 W Oakland Park Blvd Oakland Park, FL - Image 9
Presented By: This listing is courtesy of The Cardenas Group Realty;
  • MLS# A11684998
  • 10/30/2024
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  • SQFT • 2,706

Home Details

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.
Presented By: This listing is courtesy of The Cardenas Group Realty;

Interior Features for 2759 W Oakland Park Blvd

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 2759 W Oakland Park Blvd

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityOakland Park
CoolingCentralAir
CountyBroward
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionOAKLAND FOREST 76-25 B PORTION OF TR A DESC AS, COMM AT SW COR OF SEC, E 2091.045, N 60 TO POB, CONT N 247.69, E 113.045, S 247.69, W 113.045 TO P
Lot Size Square Feet28007.0
Lot Size UnitsSquareFeet
MLS Area3550
MobileHomeRemainsYNNo
Net Operating Income87492.0
New ConstructionNo
Occupancy TypeTenant
PossessionBeforeClosing
PostalCityOakland Park
Property Attached Y/NNo
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Tax Annual Amount23459.0
Tax Year2023
Tenant PaysCommonAreaMaintenance, HvacMaintenance, Insurance, MinorInteriorMaintenance, Taxes, Water
Virtual TourClick here
Year Built1985
Zoning DescriptionB-1

Exterior for 2759 W Oakland Park Blvd

Building Area Total2706.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area28007.0
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Abraham Brown

Realtor®
Price $1,880,000
MLS#A11684998
List Date 10/30/2024
Property Type Commercial
Phone 954.882.9701
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