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$ 1,190,000
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Active Under Contract
3939 Powerline RD Oakland Park, FL 33309
1.14 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID F10523612
HOA Y/N No
Tax Year 2024
Contingent Other
Lot Size 1.140 Acres
Acres 1.14
Property Sub-Type Unimproved Land
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
Area 3720
Zoning B-2
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Other, Sewer Available
Water Access Desc Other
Present Use Unimproved
Building
Lot Description 1-2 Acres, 2-3 Acres, Other
Water Other
Schools
Elementary Schools Lloyd Estates
Middle Schools James S. Rickards
High Schools Northeast
Others
Restrictions City Restrictions
Tax ID 494221000051
Virtual Tour https://www.propertypanorama.com/3939-N-Powerline-Rd-Oakland-Park-FL-33309/unbranded
Listed by J. Josep D Pelayo Total R E Consultants Inc
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