1030 43rd Ct Oakland Park, FL 33334-3808

Property Details for 1030 43rd Ct

Year built

1969

Construction

CONCRETE

Lot size

0.14 lot acres

Property size

4,050 SF

Zone code

I-1

Property type

Warehouses

APN

49-42-23-22-0480

APU

494223220480

Description

This exceptional 9,000 square foot industrial warehouse, located in Oakland Park, Florida's Central Business District at 1030 NE 43rd Ct, 33334, presents a compelling investment opportunity. Currently vacant, this Class B property offers significant potential for owner-users or investors seeking a high return. Built in 1970 and extensively renovated in 2020, the property boasts a 12-foot ceiling height, two loading docks with two dock-high doors, and two bathrooms. A 1200 square foot air-conditioned office/conference room adds versatility. The 2020 renovations included a new electrical panel and roof resurfacing. A 40-year concrete and structural re-certification was completed in 2023, ensuring structural integrity. The property sits on a single story building and is zoned 48-01 Warehousing, ideal for distribution, manufacturing, or warehousing operations. Its prime location offers easy access to I-95, providing convenient access to Miami and Fort Lauderdale. With a 7% cap rate and a 9,000 square foot net rentable area, this property represents a strong investment in a rapidly developing area. The asking price is $2,300,000. The property is currently vacant with an occupancy date of February 1, 2025.

Location Insight

City

Oakland Park

County

Broward

State

Florida

Longitude

-80.1334

Latitude

26.1803

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments