Address: 3939 Powerline Road, Oakland Park, FL 33309
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.
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.
Features
Eco-Communities
Water Source: Other
Utilities
Utilities: Sewer Available, Other
Finance and Tax Information
Tax Year: 2024
Other Features
Legal Description: 21-49-42 POR OF E 1/2 OF SEC 21 DESC AS: COMM AT E 1/4 COR SAID SEC 21, N 666.92, W 50 TO POB, SONT W 81.83, NE ALG E R/W/L I-95 FOR 204.05,
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