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$ 1,190,000
Est. payment /mo
New
3939 N Powerline Rd Oakland Park, FL 33309
1.13 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID A11866423
HOA Y/N No
Annual Tax Amount $2,654
Tax Year 2024
Lot Size 1.135 Acres
Acres 1.135
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 3010
Exterior
Utilities Available Other
Present Use Other
Street Surface Other
Private Pool Yes
Building
Sewer Other
Water Other
Others
Tax ID 494221000051
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11866423
Listed by Total R E Consultants Inc