2666 Oakland Park Blvd Fort Lauderdale, FL 33306
- Retail space
- 7,300 SF
- 0.34 lot acres
Current Use by Public Records
- Tru Vape and Smoke / Smoke Shop
- Tranquillity Massage / Massage Spa
- A V Hair Loss Solutions / Hair Replacement Service / Beauty Salon
- Lulu Massage / Massage Therapist
Property Details for 2666 Oakland Park Blvd
- Year built
- 1961
- Construction
- CONCRETE
- Lot size
- 0.34 lot acres
- Property size
- 7,300 SF
- Zone code
- CB
- Property type
- Retail space
- APN
- 49-42-25-04-2060
- APU
- 494225042060
Description
This exceptional commercial property, located at 2666 E Oakland Park Boulevard in Fort Lauderdale, Florida, presents a unique investment opportunity. Situated at the high-traffic intersection of Oakland Park Boulevard and Federal Highway, this building boasts daily traffic counts exceeding 30,000 vehicles. Its prime location, just blocks from A1A and the beach, ensures unparalleled visibility and accessibility. The 7,300 square foot building, constructed in 1961, comprises three retail units currently operating as a nightclub with a fully equipped kitchen and entertainment facilities, including food and beverage service. This versatile space offers significant potential for repositioning and maximizing returns for an investor or owner-user. The property's location within a rapidly growing area, combined with its exceptional accessibility, makes it a standout investment opportunity in a highly sought-after location. The asking price is $3,800,000. The lot size is not specified. All information is believed to be accurate but should be independently verified by the buyer. This is a rare chance to acquire a lucrative investment in a thriving Fort Lauderdale market. Don't miss this opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $940,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $835,000
- 6.5%
- $755,000
- 7%
- $860,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $730,000
- Geo Method
- $900,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $690,000
- Retail
- $725,000
- Mixed-Use
- $810,000
- Hospitality
- $840,000
- Educational
- $710,000
- Residential Income
- $810,000
- Energy
- $760,000
- Income-Based Land
- $665,000
- Food Service
- $875,000
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1117
- Latitude
- 26.1668
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
