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Gelfand Realty Miami Properties for Sale - Other Land for Sale

3939 POWERLINE RD, OAKLAND PARK, FL 33309

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Other Land - for Sale

3939 POWERLINE RD, OAKLAND PARK, FL 33309

Asking Price$1,399,000

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  • Lot size 49467sqft
  • Taxes $12,335

  • Days on market:

    168 day(s)

  • Original Price:

    $1,399,000

  • Tax Legal Description:

    3939 Powerline Rd, Oakland Park, FL

  • Tax Year:

    2022

  • Property Type:

    Land

  • Lot Features:

    Other Location 1-2.5 Acres

Description

$1,399,000

This land/development site (26 residential units plus commercial first floor as office/retail) is available for sale and/or as a joint venture. currently, planned as a class "a" commercial / residential development on 1.13 acre (approx. 49,467 sqft). the sweet acacia project would consist of five stories and approximately 42,956 square feet of building area including a first floor lobby and retail space. the project offers 106 parking spaces, 76% of which would be structured parking providing a unique, state-of-the-art automated vehicle storage system with ev charging stations. investment/joint venture information includes: 3-5 year hold period, 9% pref return (classa1, a2), 22% and target irr.

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