2759 W Oakland Park Blvd, Oakland Park, FL 33311
sale
$1,880,000
|
Retail
Courtesy Of The Cardenas Group Realty
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.
The property currently generates a substantial annual income of $84,392, providing a solid return on investment.
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Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Virtual Tour
Property Features
- Age: 31-40 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- 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
- MLSID: A11684998
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