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    1299 Oakland Park Blvd Oakland Park, FL 33334

    For Sale
    $9,900,000

    Prime Broward County location, high traffic, flexible zoning.

    Property size:
    50,364 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional mixed-use property, located at 1299 E Oakland Park Blvd in Oakland Park, Florida (33334), presents a unique investment opportunity. The 50,364 square foot building sits on a 1.3-acre lot and boasts 54 parking spaces. Constructed in 1976, the all-concrete structure, including the roofs, offers significant durability and potential for various uses. Currently configured as an apartment building with 28 renovated studios, along with medical office and storefront spaces, the property benefits from flexible zoning allowing for commercial, residential, or mixed-use development. Its prime location at the intersection of E Oakland Park Blvd and Dixie Highway ensures unparalleled visibility, with over 100,000 vehicles passing daily. Conveniently situated, it's just 7 minutes from Lauderdale-by-the-Sea, 10 minutes from Las Olas Boulevard, and 5 minutes from Wilton Manors. The asking price is $9,900,000. The property's APN is 4942-23-03-0120. This presents a rare chance to acquire a substantial property in a high-demand area with significant upside potential. The existing building provides immediate income potential while the flexible zoning opens doors to a wide range of future development possibilities.

    Property Features for 1299 Oakland Park Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    50,364 SF
    Lot Size
    56,628 SF

    Building Details

    Year Built
    1976

    HighLights

    • 50,364 SF mixed‑use building in Oakland Park, FL.
    • 1.3‑acre lot.
    • 54 parking spaces.
    • All‑concrete construction, including roofs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.1298599
    Latitude
    26.1673699

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    FAQs

    What type of property is this?
    Individual retail property - Prime Broward County location, high traffic, flexible zoning.
    Where is this individual retail property located?
    The property is located at 1299 Oakland Park Blvd Oakland Park, FL.
    What is the asking price?
    The asking price for this property is $9,900,000.
    What are key features of this property?
    This property features: 50,364 SF mixed-use building in Oakland Park, FL.; 1.3-acre lot.; 54 parking spaces.
    Request Owner's contact information
    1299 Oakland Park Blvd Oakland Park, FL 33334
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1299 Oakland Park Blvd Oakland Park, FL 33334
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