3061 17th Ter Oakland Park, FL 33311-1503
Property profile & analytics
3061 17th Ter Oakland Park, FL 33311-1503
- Car washes
- 2,689 SF
- 1.00 lot acres
Property ID
US19-0710055
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Car washes
Property Details for 3061 17th Ter
- Year built
- 2009
- Construction
- CONCRETE
- Lot size
- 1.00 lot acres
- Property size
- 2,689 SF
- Zone code
- B-1
- Property type
- Car washes
- APN
- 49-42-28-05-0011
- APU
- 494228050011
Description
This exceptional investment opportunity presents a 4,590 square foot, Class B car wash in Oakland Park, Florida. Currently operating under a 20-year Absolute NNN lease with a credit-rated, corporate-guaranteed tenant, Bluewave Car Wash (to be rebranded to El Car Wash within 6-12 months), this property boasts a 6.25% cap rate and a $425,000 NOI. The lease includes 2% annual rent bumps, six 5-year renewal options, and approximately $10.3 million in guaranteed income over the initial term. Situated on a 1.19-acre lot with 29 parking spaces, the property enjoys excellent visibility and accessibility, located directly across from a Home Depot-anchored shopping center and near I-95. Built in 2009 and renovated in 2025, this single-unit building benefits from a high-traffic location with 56,000+ vehicles per day on Oakland Park Boulevard. The property is also conveniently located near major roadways, schools, and a hospital, ensuring consistent customer traffic. This sale-leaseback transaction offers a secure, long-term investment with significant upside potential. The tenant, El Car Wash, is the largest and fastest-growing car wash brand in Florida, providing further assurance of consistent revenue generation. The property's strong financials, long-term lease, and prime location make it an ideal addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,500,000
- ML approach
- $5,500,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oakland Park
- County
- Broward
- State
- Florida
- Longitude
- -80.1666
- Latitude
- 26.1652
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,266
$563,750
$737,790
$1,301,540
-
$563,750
$737,790
$1,301,540
