For Sale
$830,000

0 Powerline RdFort Lauderdale, FL 33309

1.13-Acre Site, 26+ Units Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1.13-acre development opportunity in Oakland Park, Florida, presents a unique chance to build a mixed-use project. Located on N Powerline Rd, 33309, this site is zoned to allow for a five-story building encompassing approximately 42,956 square feet. The proposed development plan includes 26 residential units and a first-floor commercial space ideal for office or retail use. The project's design incorporates 106 parking spaces, a significant portion of which (76%) will be structured parking utilizing a cutting-edge automated vehicle storage system complete with EV charging stations. This innovative parking solution maximizes space efficiency and offers a modern amenity. The property's strategic location in Broward County places it near major employers such as BB&T, Lowe's, Regions Bank, Walgreens, Citrix, and Microsoft, ensuring high demand and strong rental potential. The sale includes two folios. This is a motivated seller offering a quick sale, making this an exceptional investment opportunity for developers seeking a prime location and a well-conceived project plan. The approximate land size is 49,467 square feet. This is a class "A" development opportunity.

Highlights

  • $830,000 asking price.
  • 1.13-acre land parcel in Oakland Park, FL (Broward County).
  • Zoned for a mixed-use development (26 residential units and commercial space).
  • Proposed five-story building with approximately 42,956 square feet.
  • Includes 106 parking spaces, with 76% structured parking featuring EV charging stations.

Property Details for 0 Powerline Rd

Property type
Land

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1889227
Longitude
-80.1763467
Powerline Rd, Fort Lauderdale, Florida

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0 Powerline Rd
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