2881 Oakland Park BlvdFort Lauderdale, FL 33306

This three-story, 19,167 square foot Class A office building in Fort Lauderdale, Florida, boasts a 96% occupancy rate with 63 tenants. Built in 1969 and renovated in 2003, the property sits on 0.87 acres and features a gross lease structure with a one-year term. Currently generating a NOI of $307,000 and a 3.07% cap rate, a pro-forma NOI of $600,000 and a 6.00% pro-forma cap rate are projected. The asking price is $9,999,999, representing a price per square foot of $521.73 and a price per unit of $158,730.14. The property is zoned CB and enjoys a central location near major thoroughfares, offering convenient access and high visibility. Amenities include fully furnished office suites, receptionist services, high-speed internet, conference rooms, and ample parking. The building's location within the affluent Coral Ridge neighborhood provides access to a strong tenant pool and significant upside potential through potential future development. This presents a unique opportunity for investors seeking a well-located, cash-flowing asset with value-add potential.