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CommercialFor Sale
$1,880,000
2759 W Oakland Park Blvd
Oakland Park, FL 33311
Courtesy of The Cardenas Group Realty
MLS: MIAMI Association of REALTORS
Est. Mortgage
$9,804/mo
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.
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