1164 Oakland Park BlvdOakland Park, FL 33334

Property Details for 1164 Oakland Park Blvd

Year built

1975

Construction

CONCRETE

Lot size

0.76 AC

Property size (Sq ft)

14,129 SF

Zone code

MR

Property type

Office properties

Property subtype

Office buildings

APN

49-42-26-11-0020

APU

494226110020

Description

This exceptional medical office space, located on the third floor of a renovated building at 1164 E Oakland Park Blvd, Oakland Park, FL 33334, offers a prime opportunity for medical professionals. The building, situated on a 33,100-acre lot, boasts 14,129 square feet of total space, with suites ranging from 2,250 to 4,500 contiguous square feet. Currently, no space is vacant. The building features one elevator, 70 parking spaces, and is conveniently located near Dixie Highway, ensuring high visibility and accessibility. Built in 1975 and extensively renovated in 2024, this Class B building offers 8-9 foot ceilings and modern amenities. The space includes multiple exam rooms, many of which are plumbed, along with waiting and reception areas, a break room, and three ADA-compliant bathrooms. The property benefits from a high daily traffic count exceeding 50,000 vehicles. The zoning is B-1. Landlord pays for water and electricity. Rent is $20.00 per square foot, plus $8.00 per square foot for CAM charges. The APN is 4942 26 11 0020. This is a truly remarkable opportunity in the Fort Lauderdale, Oakland Park, and Pompano Beach submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $4,200,599

  6.5%

  $3,877,476

  7%

  $3,600,514

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,173,989

  Geo Method

  $4,173,989

• Alternative Use

  Use

  Valuation

  Residential

  $4,808,070

  Hospitality

  $4,404,166

  Educational

  $3,664,215

  Medical

  $3,790,233

  Retail

  $5,699,890

Location Insight

City

Oakland Park

County

Broward

State

Florida

Latitude

26.1663

Longitude

-80.1324

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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