2759 Oakland Park Blvd ,Retail, Free Standing en Venta

2759 Oakland Park Blvd en Venta

Precio $1,880,000.00

• Tamaño de lote 28007
• Año de construcción 1985
• Frente al agua
• Zip 33311
• Estilo
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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.

OAKLAND 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

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.

City:Oakland Park,Zoning:B-1,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:26.1658632,Cooling Y N:1,List Price:1880000,Listing Id:A11684998,Longitude:-80.1804394,Mls Status:Active,Year Built:1985,Postal Code:33311,Street Name:Oakland Park Blvd,Tenant Pays:1:Common Area Maintenance,2:Inside Insurance,3:Interior Maintenance,4:Real Estate Tax,5:Water,Coordinates:1:26.1658632,Photos Count:10,Days On Market:180,Lot Size Units:Square Feet,M I A M I R E_ Area:3550,On Market Date:2024-10-30,Parcel Number:494220010014,Property Type:Commercial Sale,Street Number:2759,Public Remarks: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.,County Or Parish:Broward County,List Office Name:The Cardenas Group Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1335,Property Sub Type:Retail,State Or Province:FL,Street Dir Prefix:W,Tax Annual Amount:23459,Unparsed Address:2759 W Oakland Park Blvd, Oakland Park FL 33311,Listing Agreement:Exclusive Right To Sell,Building Area Total:2706,Building Area Units:Square Feet,Lot Size Square Feet:28007,Original List Price:1880000,Public Survey Range:49,Documents Available:1:Copy Of Lease(S),2:Existing Survey,I D X Participation Y N:1,Net Operating Income:87492,Syndication Remarks: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 Contract Date:2024-10-30,Originating System I D:miamire,Public Survey Section:20,Street Number Numeric:2759,Tax Legal Description:OAKLAND 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,Public Survey Township:49,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Prime Location: Situated on a busy thoroughfare in Oakland Park, benefits from high visibility and accessibility,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-10-30,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,