1299 Commercial BlvdOakland Park, FL 33334

Property Details for 1299 Commercial Blvd

Year built

1975

Construction

CONCRETE

Lot size

0.75 AC

Property size (Sq ft)

17,624 SF

Zone code

B-1

Property type

Office buildings

APN

49-42-11-07-4920

APU

494211074920

Description

This exceptional two-story medical and traditional office building in Oakland Park, Broward County, offers 14,946 square feet of first-generation space. Multiple suites are available, ranging from a minimum of 207 square feet to a maximum contiguous space of 2,920 square feet; currently, 2,920 square feet is vacant. The building sits on a 0.52-acre lot and is zoned B-1 by the City of Oakland Park. The property boasts ample parking, with a ratio of 4 spaces per 1,000 square feet. Its strategic location provides convenient access to major hospitals, the Cypress Creek Business District, and a variety of hotels and restaurants. The high daily traffic count of approximately 55,000 vehicles ensures excellent visibility and accessibility. Specific suite sizes include approximately 207, 537, 612, 743, 1,428, 2,103, 2,713, and 2,920 square feet, offering a variety of options to suit diverse business needs. This is an ideal opportunity for medical practices or other professional businesses seeking a modern, well-located space.

• CAP approach

  CAP return

  Valuation

  6%

  $5,239,674

  6.5%

  $4,836,622

  7%

  $4,491,150

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,206,482

  Geo Method

  $5,206,482

• Alternative Use

  Use

  Valuation

  Residential

  $5,997,412

  Hospitality

  $5,493,597

  Educational

  $4,570,608

  Medical

  $4,727,798

  Retail

  $7,109,835

Location Insight

City

Oakland Park

County

Broward

State

Florida

Latitude

26.1894

Longitude

-80.1305

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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