1029 44th Ct, Unit 1033 Oakland Park, FL 33334-3823
- Warehouses
- 2,510 SF
- 0.12 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1029 44th Ct
- Year built
- 1963
- Construction
- CONCRETE
- Lot size
- 0.12 lot acres
- Property size
- 2,510 SF
- Zone code
- I-1
- Property type
- Warehouses
- APN
- 49-42-14-13-0110
- APU
- 494214130110
Description
This exceptional investment opportunity presents 18 renovated warehouse units in Oakland Park, Florida's desirable East Oakland Park area. Each of the 416 square foot units, housed within three single-story buildings, boasts a 12-foot ceiling height, a private bathroom, air conditioning, and an assigned oversized parking space. The complete renovation, completed in 2024, includes a new commercial roofing system (TPO or similar), modern facades with new stucco and paint, a new gutter system, new 9'x10' impact garage doors, new single-light impact entry doors, updated electrical systems, individual security cameras, new sanitary and updated plumbing, new paving, and new elevated finish floors. Occupancy is slated for November 1, 2024. The property is zoned L-I and offered as fee simple ownership through a community association. Association fees cover building insurance, water, sewer, and light management. Individual units are priced at $9,444.44, with a total asking price of $170,000. The property is located at 1029 NE 44th Ct, Oakland Park, FL 33334, in Broward County. Built in 1964, this Class B industrial property offers a unique blend of modern amenities and a prime location. Currently, reservations are being accepted.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,585,000
- 6.5%
- $1,645,000
- 7%
- $1,570,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,420,000
- Geo Method
- $1,395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,480,000
- Retail
- $1,570,000
- Mixed-Use
- $1,525,000
- Hospitality
- $1,825,000
- Educational
- $1,385,000
- Residential Income
- $1,810,000
- Energy
- $1,780,000
- Income-Based Land
- $1,675,000
- Food Service
- $1,630,000
Location Insight
- Map
- Local Demand
- City
- Oakland Park
- County
- Broward
- State
- Florida
- Longitude
- -80.1335
- Latitude
- 26.1826
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
