740 45th St Oakland Park, FL 33334-3250

Property Details for 740 45th St

Year built

1966

Construction

CONCRETE

Lot size

1.32 lot acres

Property size

4,880 SF

Zone code

I-1

Property type

Warehouses

APN

49-42-14-15-0021

APU

494214150021

Description

This exceptional 28,040-square-foot industrial property in Oakland Park, Florida, presents a compelling redevelopment opportunity. Situated on a 1.66-acre lot zoned I-1 (Light Industrial), this fee-simple offering comprises three buildings: a 25,880-square-foot warehouse with 26-foot ceilings, and a 2,158-square-foot office building. The warehouse boasts 13 bay doors (11 measuring 14x14 feet, and 2 measuring 20x20 feet), two 10x14-foot loading docks, two 5-ton rail cranes, and two 2-ton jib cranes. The property features 3-phase power (800-900 amps) and recently underwent significant improvements, including new pavement and paint in 2024, and passed its 40-year structural and electrical inspections. Conveniently located in Oakland Park's Central Business District, it offers easy access to I-95 via two ingress/egress points, providing excellent visibility and accessibility. A month-to-month tenant currently occupies approximately 3,500 square feet, and there's potential for additional leasing (up to 15,000 sq ft). The asking price is $6,900,000 ($246.08/sq ft), reflecting the property's significant potential for future development and immediate income generation. The property's existing infrastructure, coupled with the ample land and strategic location, makes it an ideal investment for owner-users seeking to expand or reposition their operations within a thriving South Florida market. A roof coating with a 10-year warranty is planned.