3939 Powerline Road
Oakland Park, FL 33309
1.14 acres | #FX-10523612
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.
Property Details
- Property SubtypeSingle Family Detached
- MLS #FX-10523612
- MLS #FX-10523612
- Original List Price$1,190,000
- Property TypePurchase
- CountyBroward
- Cost1190000
- Acres1.136
- Lot Size (sqft)49467
- ZoningB-2
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: J. Josep D Pelayo (#3005451)
Listing Office: Total R E Consultants Inc (#TREC01)
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