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$1,880,000
The property is a retail building zoned b1, located within a proposed redevelopment area encompassing approximately 28,000 square feet of mixed-use space. the site allows for the construction of up to five (5) stories, presenting an excellent opportunity for the development of office and retail spaces. the projected resale value is $12,500,000, based on a 6% capitalization rate and a 9% internal rate of return (irr). additional details are available in the attached documents. the property currently generates a substantial annual income of $84,392, providing a solid return on investment.Gelfand Realty Miami Properties for Sale - Retail for Sale
Back to Search 2759 W OAKLAND PARK BLVD, OAKLAND PARK, FL 33311
Retail - for Sale
2759 W OAKLAND PARK BLVD, OAKLAND PARK, FL 33311
Asking Price$1,880,000
Share by:
- Lot size 28007sqft
- Taxes: Register to see
- Year Built 1985
-
Days on market:
180 day(s) Original Price:
$1,880,000Tax Legal Description:
OAKLAND FOREST 76-25 B PORTION OF TR A DESC AS,COMM AT SW COR OF SEC,E 2091.045,N 60 TO POB,CONT N 247.69,E 113.045, S 247.69,W 113.045 TO PTax Year:
2023-
MLS:
A11684998 -
Property Type:
Retail
Cooling Description:
Central Building A/CSpecial Listing Conditions:
Sale
