2759 W Oakland Park Blvd, Oakland Park, Florida 33311
MLS#: A11684998
$1,880,000 USD
Listed By The Cardenas Group Realty
The Retail Property for Sale located at Oakland Park, Florida 33311 is currently for sale. Oakland Park, Florida 33311 is listed for $1,880,000. If the property located at Oakland Park, Florida 33311 isn't what you're looking for, visit https://www.sfpropertysearch.com to see other Retail Properties for Sale in Oakland Park .
Date Updated : Apr 28, 2025
Property features
Construction details
- Year built: 1985
Other features
- Cooling system: Central AC
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
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.