Land | Development Site 26 Units. Joint venture option. Prime location in Oakland Park between I-95 and Powerline Rd. Consists of two folios/APNs: 4942 21 00 0051 and 4942 21 38 0010. This land/development site (26 residential units plus commercial first floor as office/retail) is available for sale and/or as a joint venture. Currently, planned as a class "A" commercial / residential development on 1.13 acre (approx. 49,467 SQFT). The Sweet Acacia project would consist of five stories and approximately 42,956 square feet of building area including a first floor lobby and retail space. Investment/joint venture information includes: 3-5 year hold period, 9% pref return (classA1, A2), 22% and target IRR.
Mls | A11420513 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Days On Site | 510 |
Listing Provided By | Total R E Consultants Inc | J. Josep Pelayo |
Zoning | PRZD |
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Acreage | 1.13 |
State | FL |
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County | Broward County |
City | Oakland Park |
Zip Code | 33309 |
Area | 3720 |
Subarea | Ft Ldale NW(3390 3400;3460;3540 3560;3720;3810) |
Community Name | GOOGE PLAT NO 1 |
Listing VS Median (in GOOGE PLAT NO 1) | |
Price: $1,450,000 low | high Med: $0 On Site: 510 low | high Med: |