$3,650,000
1040 E Oakland Park Blvd Oakland Park, FL 33334
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$3,650,000
Est. payment /mo
14,273 SqFt
Active
1040 E Oakland Park Blvd Oakland Park, FL 33334
UPDATED:
09/30/2024 09:16 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 14,273 sqft
Price per Sqft $255
MLS Listing ID A11649334
HOA Y/N No
Year Built 1961
Annual Tax Amount $27,931
Lot Size 0.568 Acres
Property Description
Excellent investment opportunity located in Oakland Park featuring both industrial and retail spaces in a high traffic area (AADT=45,000). Property has 7 retail bays in the front building facing Oakland Park Blvd and 5 warehouse spaces in the rear building. They alleyway in between the two buildings is included in the sale. Property is currently 92% occupied. There are no leases on the property providing buyer flexibility. Tenant rental rates are below market value which allows for potential to increase rates in the future.
Location
State FL
County Broward
Area 3370
Direction When coming off I-95, proceed east toward the beach and property will be on the right hand side just before Dixie Highway.
Exterior
Waterfront No
Parking Type Common, Free Parking
Building
Story 1
Level or Stories One
Others
Tax ID 494226110025
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Beachfront Realty Inc
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