1040 E Oakland Park Blvd

$3,650,000

1040 E Oakland Park Blvd Wilton Manors

2126

Home61's Closings in

Miami, FL

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$ 27,931
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
-
On market
34 days
$ /sqft
-
Type
other
Year Built
1961
Unit
-
Zip Code
33334
Ref./MLS ID
A11649334

DESCRIPTION

Excellent investment opportunity located in oakland park featuring both industrial and retail spaces in a high traffic area (aadt=45,000).  Property has 7 retail bays in the front building facing oakland park blvd and 5 warehouse spaces in the rear building.  They alleyway in between the two buildings is included in the sale.  Property is currently 92% occupied.  There are no leases on the property providing buyer flexibility.  Tenant rental rates are below market value which allows for potential to increase rates in the future.  


Data is provided by Miami Board of Realtors.

Public transportation

Cypress Creek
39 mins
Fort Lauderdale
39 mins
Deerfield Beach
110 mins
Pompano Beach
110 mins

Nearby School In Wilton Manors

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
4
Oakland Park Elementary School
PK-5
0.2 miles
5
Wilton Manors Elementary School
PK-5
0.8 miles
5
Somerset Village Academy
K-5
1 miles
5
Somerset Academy Village Charter Middle School
6-8
1 miles
Listed on August 28, 2024 by Erik Ardelean from Beachfront Realty Inc, this other is for sale. other for sale in Wilton Manors listed at $3,650,000, Reference A11649334

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The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.