2852 Oakland Park BlvdFort Lauderdale, FL 33306

Property Details for 2852 Oakland Park Blvd

Year built

1963

Construction

CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

2,998 SF

Zone code

CB

Property type

Retail properties

Property subtype

Retail space

APN

49-42-25-06-0090

APU

494225060090

Description

This exceptional single-story, 2,998 square foot retail/office building is situated at the high-visibility intersection of Bayview Drive and East Oakland Park Boulevard in East Fort Lauderdale, Broward County. The property, built in 1988, offers 1,250 square feet of immediately available space in a multi-tenant building. Boasting a 7,505 square foot lot, the building features large storefront windows providing ample natural light. The open floor plan is adaptable to various uses, from retail to professional offices. With 12 onsite parking spaces, the property benefits from excellent signage opportunities and high daily traffic exceeding 26,500 vehicles (per DOT). The Central Business (CB) zoning allows for a variety of commercial uses. The property's location within affluent waterfront neighborhoods, near office buildings and top-rated schools, ensures consistent foot traffic and a vibrant community atmosphere. This prime location, with its strong mix of residential and commercial development, presents a unique opportunity for business success in a highly sought-after East Fort Lauderdale area. The APN is 494225060090.

• CAP approach

  CAP return

  Valuation

  6%

  $1,310,234

  6.5%

  $1,209,446

  7%

  $1,123,058

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,231,886

  Geo Method

  $2,231,886

• Alternative Use

  Use

  Valuation

  Residential

  $1,020,213

  Hospitality

  $934,510

  Educational

  $777,501

  Medical

  $804,241

  Retail

  $1,209,446

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.167

Longitude

-80.107

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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