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Oakland Park Development Site
For Sale
$1,190,000
Pending

3939 N Powerline Rd, Oakland Park, FL 33309

1.135-acre land for development with approved plans.

Property Size65,000 SF
Lot Size1.14 Acres
Days on Market159

Property Features for 3939 N Powerline Rd

General Information

Standard status Pending
Size 65,000 SF
Lot size 1.14 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,654
Listing Agency: Total R E Consultants Inc
Listed By: J. Josep Pelayo · License #A12048902
Source: Elliman
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 8 at 3:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Total R E Consultants Inc

Investment Insights

Based on property information with market context.

This 1.135-acre land and development site is available for sale. Approved plans are designed for the Live Local Act and consist of approximately 65,000 square feet of building area. The plans include 84 units, with 33 designated for affordable housing and 51 at market rate. The first floor is planned to be 50% commercial space. The project design includes 140 parking spaces, with 14 surface spaces and 126 spaces utilizing an automated vehicle storage system. The total project cost is estimated to be between $13.5 and $14.5 million, depending on the final scope. The estimated value at exit is around $21 million with a holding period of 3-5 years. Employers in the area include BB&T, Lowe's, Citrix, and Microsoft. Healthcare facilities within a 10-mile radius include Holy Cross Hospital, Broward Health Medical Center, and Broward Health Imperial Point.

Key Highlights

  • 1.135 acre land/development site suitable for Live Local Act.
  • Approved plans for approx. 65,000 SQFT building with 84 units (33 affordable, 51 market).
  • Project includes commercial space on 50% of the first floor.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Parking Lot & Garage Cafe & Coffee Shop Florist (Bike/Boat/Book/etc) Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,638
Businesses Nearby

Demographics for 33309, FL

37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.135-acre land for development with approved plans.
Where is this commercial land located?
The property is located at 3939 N Powerline Rd Oakland Park, FL.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: 1.135 acre land/development site suitable for Live Local Act.; Approved plans for approx. 65,000 SQFT building with **84 units (33 affordable, 51 market).**; Project includes commercial space on 50% of the first floor.
More about this property
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