3438 NE 5th Ave

    Oakland Park, FL 33334
    • $6,790,000
    • STATUS: Active
    • ON SITE: 227 days
    • MLS #: A10612048
    UPDATED: 28 min ago
    $6,790,000
    • 0
      BEDS
    • 1.72
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    44,672 sf warehouse complex located in Oakland Park Florida. The subject offering includes four parcels, 3438 NE 5th Ave, 516 NE 34th CT, 3742 NE 5th AVE, and 519 NE 34th ST. The total leasable square footage is 44,672 feet sitting on a large 1.72-acre lot.The entire property was recently vacated and presents an excellent opportunity for an owner user, or investor.The subject property can be easily leased to multiple tenants after closing creating an excellent investment opportunity. There are 17 total bays. When leased and stabilized this property will net $622,200.00 per year yielding a strong 9.16% capitalization rate.

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-09-21T10:41:10.377.
    www.groveproperties.com/homes/91571520

    3438 NE 5th Ave Oakland Park, FL 33334

    • Price: $6,790,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: A10612048
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.72
    Acres
    1960
    Built
    Neighborhood:
    3450
    County:
    Broward
    Area:
    3450
    Property Description
    44,672 sf warehouse complex located in Oakland Park Florida. The subject offering includes four parcels, 3438 NE 5th Ave, 516 NE 34th CT, 3742 NE 5th AVE, and 519 NE 34th ST. The total leasable square footage is 44,672 feet sitting on a large 1.72-acre lot.The entire property was recently vacated and presents an excellent opportunity for an owner user, or investor.The subject property can be easily leased to multiple tenants after closing creating an excellent investment opportunity. There are 17 total bays. When leased and stabilized this property will net $622,200.00 per year yielding a strong 9.16% capitalization rate.
    Exterior Features

    Num Loading Doors 17 Num Parking Spaces 10 Parking Description Common ParkingStreet Parking Waterfront Property Yn No

    Interior Features

    Interior Ceiling Height 15.0000 Maximum Ceiling Height 15.0000 Num Offices 1

    Property Features

    Approximate Lot Size 12378 Electric Service 0-100 Amps Flood Zone X Num Bays 17 Reo YN No Section 23 Short Sale Yn No Style Of Property Industrial Tax Amount 11051 Tax Year 2018 Typeof Property Industrial

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-09-21T10:41:10.377.
     
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