Exceptional Development Opportunity in Downtown Oakland Park
This offering presents a rare chance to acquire a strategically located property within the heart of Downtown Oakland Park’s rapidly transforming Mixed Use District. The site is currently improved with an office building that provides immediate income or interim use, but its true value lies in its approved mixed-use development potential
Entitlements & Development Potential:
The property has received approvals that allow for the development of 43–63 residential units (primarily one-bedroom layouts) along with ground-floor live/work space, providing versatility for future residents and entrepreneurs. The site also includes entitlements for a parking garage, with the flexibility to pursue underground parking if desired. Planned amenities include a gym, clubhouse, and pool, elevating the project’s appeal to today’s renters and buyers seeking modern, amenity-rich living.
Strategic Location:
Positioned directly across the street from a major new development, the property benefits from immediate neighborhood momentum and demand drivers. Just minutes from Fort Lauderdale, Wilton Manors, and the beaches, the location offers a balance of lifestyle, connectivity, and growth.
Most notably, the site is proximate to the proposed Brightline Station for Oakland Park. If approved, this will bring high-speed rail service directly to the area with connections to Miami, Fort Lauderdale, Boca Raton, West Palm Beach, and Orlando — significantly enhancing accessibility and long-term value.
Market Dynamics & Absorption:
Downtown Oakland Park is in the midst of a renaissance. With significant public and private investment flowing into the area, the corridor is transforming into a true live-work-play environment. The city’s CRA Mixed Use designation and inclusion within the Florida Live Local Act framework provide developers with density, height, and financial incentives that make this site even more compelling. Strong absorption rates in nearby multifamily projects highlight the unmet demand for new housing, particularly modern one-bedroom units with amenities.
Investment Highlights:
Immediate office income with strong redevelopment upside
Approved for 43–63 residential units within a mixed-use framework
Entitlements for parking garage; underground parking optional
1,600 SF of ground-floor live/work space for flexibility
Planned amenities: gym, clubhouse, and pool
Across from new development, creating built-in demand
Near proposed Oakland Park Brightline Station
Located in Downtown/CRA Mixed Use District with incentives under the Florida Live Local Act
Adjacent to Wilton Manors and just minutes to Fort Lauderdale and the beaches
Conclusion:
This site represents a one-of-a-kind opportunity for developers and investors to secure a premier parcel in the path of growth. With approvals already in place, proximity to transformative infrastructure projects, and strong demand fundamentals, the property offers both short-term absorption potential and long-term value creation.
Investors seeking to capitalize on South Florida’s continued population growth, rental demand, and infrastructure improvements will find this property uniquely positioned to deliver exceptional returns.