3939 N Powerline Rd new Save Request In-Person Tour Request Virtual Tour
Oakland Park,FL 33309
Key Details
Property Type Commercial
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10523612
Tax Year 2024
Lot Size 1.136 Acres
Property Sub-Type Residential
Property Description
MOTIVATED SELLER|QUICK CLOSING: 1.135 acre land/development site! Plans designed for Live Local Act & consist of approx. 65,000 +/- SQFT building area, including 84 units (33 at affordable housing, 51 at market), & 50% of the 1st floor would be commercial. Project offers 140 parking spaces (14 at surface & 126 w/ automated vehicle storage system). Total project cost is estimated between $13.5 - $14.5 million, depending on the final scope - the final estimated value at exit is around $21 million with a holding period of 3-5 years. Employers in the area include BB&T, Lowe's, Citrix, Microsoft, & more. Healthcare facilities within a 10-mile radius include Holy Cross Hospital, Broward Health Medical Center, Broward Health Imperial Point & more.
Location
State FL
County Broward County
Area Hollywood East (3010-3050)
Zoning B-2
Exterior
Utilities Available Other Utilities Available
Building
Lot Description 1-2.5 Acres
Sewer Other Sewer
Water Other
Others
Virtual Tour https://www.propertypanorama.com/3939-N-Powerline-Rd-Oakland-Park-FL-33309/unbranded