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    OFF-MARKET
    Retail space

    1299 Oakland Park Blvd, Oakland Park, FL 33334

    50,364 SF 1.3 ac lot Built 1976
    Property ID
    US18-5388716
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 1299 E Oakland Park Blvd in Oakland Park, Florida (33334), presents a unique investment opportunity. The 50,364 square foot building sits on a 1.3-acre lot and boasts 54 parking spaces. Constructed in 1976, the all-concrete structure, including the roofs, offers significant durability and potential for various uses. Currently configured as an apartment building with 28 renovated studios, along with medical office and storefront spaces, the property benefits from flexible zoning allowing for commercial, residential, or mixed-use development. Its prime location at the intersection of E Oakland Park Blvd and Dixie Highway ensures unparalleled visibility, with over 100,000 vehicles passing daily. Conveniently situated, it's just 7 minutes from Lauderdale-by-the-Sea, 10 minutes from Las Olas Boulevard, and 5 minutes from Wilton Manors. The asking price is $9,900,000. The property's APN is 4942-23-03-0120. This presents a rare chance to acquire a substantial property in a high-demand area with significant upside potential. The existing building provides immediate income potential while the flexible zoning opens doors to a wide range of future development possibilities.

    Property profile
    Verified
    Property type Retail space
    Year built 1976
    Total area 50,364 SF
    Lot 1.3 ac (56,628 SF)
    APN 4942-23-03-0120
    UPID US18-5388716
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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