9
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$1,190,000
Est. payment /mo
1.14 Acres Lot
Active Under Contract
3939 Powerline RD Oakland Park, FL 33309
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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
Lot Dimensions 49467
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
Region Oakland Park
City Region Oakland Park
Interior
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
Pets Allowed No
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