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    3701 Andrews Ave Oakland Park, FL 33309-5261

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    3701 Andrews Ave Oakland Park, FL 33309-5261


    • Turn key restaurants
    • 1,209 SF
    • 0.30 lot acres
    Off-Market
    Property ID
    US19-0647754
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 3701 Andrews Ave

    Year built
    1966
    Construction
    CONCRETE
    Lot size
    0.30 lot acres
    Property size
    1,209 SF
    Zone code
    B-1
    Property type
    Turn key restaurants
    APN
    49-42-22-09-1010
    APU
    494222091010

    Description

    This exceptional standalone retail property, located at 3701 N Andrews Ave in Oakland Park, Florida (33309), presents a compelling investment opportunity. The 1,209 square foot building is currently 100% occupied by a restaurant operating under a triple-net (NNN) lease, with a remaining term of three years expiring in February 2025. The asking price is $1,099,999, translating to a price per square foot of $909.84. The current lease is below market value, offering significant potential for rental income growth upon lease expiration. The property benefits from a substantial parking area, catering to the needs of both the tenant and patrons. Situated in a high-traffic area within Broward County, this location enjoys the advantages of a thriving market characterized by increasing rental rates and a growing population. This presents a rare chance to acquire a stable, income-generating asset with considerable upside potential in a dynamic and desirable location. The tenant is responsible for all property taxes, insurance, and maintenance, minimizing the owner's operational responsibilities. This turnkey investment is ideal for those seeking a strong return on investment in a prime commercial location. The property's single-tenant occupancy simplifies management and reduces risk, making it an attractive option for both seasoned and new investors.


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    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.147
    Latitude
    26.1733
    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
    $8,380
    $154,980
    $188,250
    $343,230
    -
    $154,980
    $188,250
    $343,230
    More about this property
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