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    Property profile & analytics
    OFF-MARKET Estimated value $5,220,000
    Office buildings

    1164 Oakland Park Blvd, Oakland Park, FL 33334-2707

    14,129 SF 0.76 ac lot Built 1975
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US18-1441742
    Property summary
    AI-generated overview

    This exceptional medical office space, located on the third floor of a renovated building at 1164 E Oakland Park Blvd, Oakland Park, FL 33334, offers a prime opportunity for medical professionals. The building, situated on a 33,100-acre lot, boasts 14,129 square feet of total space, with suites ranging from 2,250 to 4,500 contiguous square feet. Currently, no space is vacant. The building features one elevator, 70 parking spaces, and is conveniently located near Dixie Highway, ensuring high visibility and accessibility. Built in 1975 and extensively renovated in 2024, this Class B building offers 8-9 foot ceilings and modern amenities. The space includes multiple exam rooms, many of which are plumbed, along with waiting and reception areas, a break room, and three ADA-compliant bathrooms. The property benefits from a high daily traffic count exceeding 50,000 vehicles. The zoning is B-1. Landlord pays for water and electricity. Rent is $20.00 per square foot, plus $8.00 per square foot for CAM charges. The APN is 4942 26 11 0020. This is a truly remarkable opportunity in the Fort Lauderdale, Oakland Park, and Pompano Beach submarket.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1975
    Construction CONCRETE
    Total area 14,129 SF
    Lot 0.76 ac (33,053 SF)
    Zoning code MR
    APN 49-42-26-11-0020
    UPID US18-1441742
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $6.13M
    CAP Approach CAP
    $6.66M
    Comparable Approach Comparable
    $5.06M
    Blend (final) Blend
    $5.22M
    Owner & transaction history
    1164 E Oakland Park Blvd LLC · 3 yrs held
    1164 E Oakland Park Blvd LLC
    since 2023
    Last sale
    $4.3M
    5 recorded transactions
    2024
    2023
    $4.3M
    2015
    2014
    $1.3M
    2012
    $1.0M
    Zoning & alternative use
    MR · Oakland Park, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $7.3M +35.0%
    Industrial (general) $6.6M +22.5%
    Medical building $6.6M +21.5%
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