$3,065,000
$3,750,000
18.3%For more information regarding the value of a property, please contact us for a free consultation.
0.77 Acres Lot
SOLD DATE : 03/28/2023
Key Details
Sold Price $3,065,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision 1995 Building
MLS Listing ID F10345889
Sold Date 03/28/23
Construction Status Resale
HOA Y/N No
Year Built 1975
Annual Tax Amount $54,894
Tax Year 2021
Lot Size 0.769 Acres
Property Sub-Type Commercial
Property Description
Fully-leased 3-story Office Building in Prime Location. This beautifully landscaped bldg, in excellent condition, has an established tenant base & offers a solid investment opportunity. The site is a full 3/4 acre, fronts Oakland Pk Blvd & NE 20 Ave, & is within a block of three parcels being developed with condos & apartments. While it is a good investment in its current configuration, it also has excellent potential for redevelopment into a restaurant or other use offering goods/services to the increasing number of residents nearby, or into an upscale boutique condo building, or office condos. The fully-leased building offers good income while planning & permitting are in process. Rents are low & have significant upside potential. Many updates in last 5 years, see supplemental remarks.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning B-1
Interior
Heating Central Building A/C, No Heat
Cooling Central Individual A/C
Flooring Carpeted Floors, Vinyl Floors
Exterior
Water Access N
Roof Type Other Roof
Private Pool No
Building
Story 3.0000
Foundation Concrete Block Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Corporation
Acceptable Financing Cash, Conventional/Refinance, Owner Financing
Listing Terms Cash, Conventional/Refinance, Owner Financing
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Bought with Vera Realty LLC
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