3939 N Powerline Road, Oakland Park, FL 33309
- $1,190,000
- List Price
- $1,190,000
- Days on Market
- 264
- MLS#
- A11866423
- Lot Size
- 49,467
- Subtype
- Unimproved Land
- County
- Broward
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.
Additional Information
- Restrict
- CityRestrictions
- Taxes
- $2,654
- Utilities
- Other, Sewer Available
- Acres
- 1.14
- Elementary School
- Quiet Waters
- Middle School
- Crystal Lake
- High School
- Monarch
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Listing courtesy of Total R E Consultants Inc. Contact:
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Agent: J. Josep D Pelayo | Email: trec@joepelayo.com