740 45Th StOakland Park, FL 33334

  • Industrial properties
  • 4,880 SF
For Sale
$6,900,000 View listing

Property Details for 740 45Th St

Year built
1966
Construction
CONCRETE
Lot size
1.32 AC
Property size (Sq ft)
4,880 SF
Zone code
I-1
Property type
Industrial properties
Property subtype
Other warehouses
APN
49-42-14-15-0021
APU
494214150021

Description

This exceptional 28,040-square-foot industrial property in Oakland Park, Florida, presents a compelling redevelopment opportunity. Situated on a 1.66-acre lot zoned I-1 (Light Industrial), this fee-simple offering comprises three buildings: a 25,880-square-foot warehouse with 26-foot ceilings, and a 2,158-square-foot office building. The warehouse boasts 13 bay doors (11 measuring 14x14 feet, and 2 measuring 20x20 feet), two 10x14-foot loading docks, two 5-ton rail cranes, and two 2-ton jib cranes. The property features 3-phase power (800-900 amps) and recently underwent significant improvements, including new pavement and paint in 2024, and passed its 40-year structural and electrical inspections. Conveniently located in Oakland Park's Central Business District, it offers easy access to I-95 via two ingress/egress points, providing excellent visibility and accessibility. A month-to-month tenant currently occupies approximately 3,500 square feet, and there's potential for additional leasing (up to 15,000 sq ft). The asking price is $6,900,000 ($246.08/sq ft), reflecting the property's significant potential for future development and immediate income generation. The property's existing infrastructure, coupled with the ample land and strategic location, makes it an ideal investment for owner-users seeking to expand or reposition their operations within a thriving South Florida market. A roof coating with a 10-year warranty is planned.

740 45Th St, Oakland Park, Florida

Location Insight

City
Oakland Park
County
Broward
State
Florida
Latitude
26.1831
Longitude
-80.1363
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$60,858
$518,980
$2,370,420
$2,889,400
-
$518,980
$2,370,420
$2,889,400

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