1620 W Oakland Park Boulevard, Oakland Park, FL 33311
Affordable office space near major roadways, ideal for professionals.
- Added:
- May 14, 2024
- Days on Market:
- 780
- Last Refresh:
- May 12 at 10:03 pm
Property Features for 1620 W Oakland Park Boulevard
General Information
- Standard status
- Active
- Size
- 556 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing office FlatFee.com (954) 965-3990
Listing date May 14, 2024
Source Crexi
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HighLights
- Affordable boutique office space ideal for professional service provider investment.
- One reserved covered parking space included.
- Located near major roadways in a quiet enclave.
- Architecturally attractive building.
- Three‑room suite (556 sq. ft.).
- Multiple levels of security for building access.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.4k | $45.60 |
| − Vacancy | −$5.7k | −$10.26 |
| EGI | $19.6k | $35.34 |
| − OpEx | −$4.9k | −$8.84 |
| NOI | $14.7k | $26.51 |
Alternative Uses
Current Use by Public Records
Map
- City
- Oakland Park
- County
- Broward
- State
- Florida
- Longitude
- -80.1736
- Latitude
- 26.144
