3939 N Powerline Rd Oakland Park, FL 33309
Single Family Detached
MLS #: F10523612
Courtesy Of Total Real Estate Consultants Inc.
Property InformationDescription
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
- Architecture Style: Other
- 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,
- MLSID: F10523612
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