$10,425,000
$10,500,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
33,186 SqFt
SOLD DATE : 10/02/2023
Key Details
Sold Price $10,425,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 33,186 sqft
Price per Sqft $314
MLS Listing ID A11355405
Sold Date 10/02/23
HOA Y/N No
Year Built 1968
Annual Tax Amount $62,458
Lot Size 1.680 Acres
Property Description
Opportunity knocks in the heart of Fort Lauderdale. This is a unique location situated within the Coral Ridge community. Located on the SE signalized hard corner of Oakland Park Blvd and Bayview Drive. The property sits just steps away from the Intercostal Waterways and Fort Lauderdale Beach making this site a developers dream. The property is perfect for a high-end multi-family or mixed-use development that will provide occupants with panoramic city and water views.
The sale includes 4 parcels for a total of 1.69 acres. Developers and/or investors can take advantage of the in-place cashflow while they wait for permitting approval. The property is currently operated as a successful cash flowing office building.
Location
State FL
County Broward County
Area 3260
Others
Tax ID 494225060030
Financing Cash
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Bought with Global Fund Real Estate Group
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