Oakland Park, FL 33334,519 NE 34th St
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Oakland Park, FL 33334,519 NE 34th St
Oakland Park, FL 33334,519 NE 34th St
Oakland Park, FL 33334,519 NE 34th St
Oakland Park, FL 33334,519 NE 34th St

$1,398,607

Est. payment /mo

$1,700,000

17.7%
Est.Price: ?

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519 NE 34th St Oakland Park, FL 33334

11,956 SqFt

SOLD DATE : 12/22/2020

Key Details

Sold Price $1,398,607

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 11,956 sqft

Price per Sqft $116

MLS Listing ID A10612629

Sold Date 12/22/20

HOA Y/N No

Year Built 1959

Annual Tax Amount $15,559

Tax Year 2018

Contingent Pending Inspections

Lot Size 0.505 Acres

Property Description

John DeMarco with Re/Max 5 Star Realty is pleased to present the sale of a freestanding warehouse located in Oakland Park Florida. The total leasable square footage is 11,956 square feet sitting on a large 22,003 square feet lot. The entire property was recently vacated and is an excellent opportunity for an owner user or investor. The subject property can be easily leased to multiple tenants after closing creating an excellent investment opportunity. There are 6 total bays. Property is located in Opportunity Zone. When leased and stabilized this property will net $147,472 per year yielding a strong 8.67% capitalization rate. Property is zoned I1 light industrial. See enclosed all allowable zoning uses. This property is being offered at only $142.19 a sf which is well below recent sales.

Location

State FL

County Broward County

Area 3450

Direction Follow I-95 N to FL-816 E/W Oakland Park Blvd in Oakland Park. Take exit 31A from I-95 N. Continue on FL-816 E/W Oakland Park Blvd. Drive to NE 34th St. Turn left onto NE 5th Ave. Turn right onto NE 34th St- the property will be on the left side.

Exterior

Total Parking Spaces 5

Others

Tax ID 494223055520

Financing Conventional

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Listed by RE/MAX 5 Star Realty
Bought with Level Realty Partners, LLC
agent

Karina Marx

Broker Associate | License ID: IA.100089820

+1(786) 999-4504

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