8360 Oakland Park BlvdSunrise, FL 33351

Property Details for 8360 Oakland Park Blvd

Year built

1979

Construction

CONCRETE

Lot size

0.90 AC

Property size (Sq ft)

26,298 SF

Zone code

B-3

Property type

Office buildings

APN

49-41-21-03-0055

APU

494121030055

Description

This exceptional three-story office building, located at 8360 W Oakland Park Blvd in Sunrise, Florida, presents a unique investment opportunity. Boasting 26,298 square feet of space, this recently renovated property sits on a 0.9-acre lot, providing ample room for expansion or outdoor amenities. The building enjoys a highly visible frontage on Oakland Park Boulevard, a major east-west thoroughfare experiencing over 38,000 vehicles daily, ensuring significant exposure and accessibility. Its strategic location between the Florida Turnpike and Sawgrass Expressway offers unparalleled convenience for tenants and clients, providing easy access to surrounding areas including Pompano Beach, Margate, Oakland Park, Fort Lauderdale, and Coconut Creek. The building's recent renovation ensures modern, efficient workspace, making it an ideal location for a variety of businesses. The substantial size and prime location make this property a compelling investment prospect with significant potential for return. The asking price is $3,500,000. This is a rare opportunity to acquire a well-situated, renovated office building in a thriving commercial area. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $7,818,484

  6.5%

  $7,217,062

  7%

  $6,701,558

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,768,955

  Geo Method

  $7,768,955

• Alternative Use

  Use

  Valuation

  Residential

  $8,949,157

  Hospitality

  $8,197,380

  Educational

  $6,820,124

  Medical

  $7,054,678

  Retail

  $10,609,081

Location Insight

City

Sunrise

County

Broward

State

Florida

Latitude

26.1666

Longitude

-80.2609

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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