A10612629 for Sale

519 NE 34th St Oakland Park, FL

A10612629 for Sale

519 NE 34th St Oakland Park, FL

Price $1,700,000.00
Address:
519 NE 34th St Oakland Park, FL
Construction year:
Taxes:
$15,559.00
Sizes:
Architect:
Developer:
519 NE 34th St Oakland Park, FL The total leasable square footage is 11,956 feet sitting on a large 22,003 square feet 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 6 total bays. When leased and stabilized this property will net $147,472 per year yielding a strong 8.45% capitalization rate. Property is zoned I1 light industrial. This property is being offered at only $140.75 an sqft which is well below recent sales.