3939 N Powerline Rd - Commercial LAND FOR SALE


Fort Lauderdale, FL 33309 49,223 SF
$1,190,000 USD
954-224-8773
3939 N Powerline Rd, Fort Lauderdale, FL for Sale
$1,190,000 USD
Commercial LAND - FOR SALE
1/21
49,223 SF

3939 N Powerline Rd
Fort Lauderdale, FL 33309


OVERVIEW

MOTIVATED SELLER| QUICK CLOSING! This 1.135 acre land/development site is available for sale! Recently plans were redesigned for the Live Local Act designation, this project would consist of approximately a 65,000 +/- SQFT building area. Specifically, there would be a total of 84 units (33 at affordable housing rate, 51 at market rate), and 50% of the first floor would be commercial usage. The project offers 140 parking spaces (14 at surface level and 126 with state-of-the-art automated vehicle storage system). The total project cost including the listed price acquisition of the land, is estimated to range between $13.5 million and $14.5 million, depending on the final scope while the final estimated value at exit ranges around $21 million with a holding period of 3-5 years. Major employers located within the area include BB&T, Lowe's, Regions Bank, Walgreens, Citrix, Microsoft, and more. Healthcare facilities located within a 10-mile radius include Holy Cross Hospital, Broward Health Medical Center, Broward Health Imperial Point, and more.

FOR SALE DETAILS

PRICE

$1,190,000 USD

PRICE/ACRE

$1,053,093/AC

PRICE/SF

$24 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3939 Powerline Road, Oakland Park, FL

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use

LAND ACRES

1.13 AC

LAND SF

49,223 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Cable, Telephone, Irrigation

ZONING

PRZD

APN/PARCEL ID

49-42-21-00-0051,49-42-21-38-0010

ASK ABOUT THIS PROPERTY

Joe PelayoTotal Real Estate Consultants IncMore Info
954-224-8773

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Joe PelayoTotal Real Estate Consultants IncMore Info
954-224-8773

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.