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Stacy Russell

stacy@stacysells239.com +1(616) 633-7531

$ 1,190,000

Est. payment | -/mo

1.14 Acres Lot

Save Virtual Tour

$ 1,190,000

Est. payment | -/mo

Save Virtual Tour

1.14 Acres Lot

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

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

Zoning B-2

Interior

Interior Features InteriorFeatures

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

Restrictions City Restrictions

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

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+1(616) 633-7531

stacy@stacysells239.com

Epique Realty 100 S Ashley Dr Suite 600 Tampa, FL 33602

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3939 Powerline RD Oakland Park, FL 33309