Ignite FB Tracking Pixel530-536 & 548 NE 32nd St, Oakland Park, FL 33334 - Hovenden Team
Exceptional Properties Inc
Hovenden Team, Exceptional Properties IncPhone: (850) 582-5275
Email: [email protected]

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listing
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CommercialFor Sale
$1,950,000
530-536 & 548 NE 32nd St
Oakland Park, FL 33334
Courtesy of Level Realty Partners, LLC
MLS: Realtors of the Palm Beaches & Greater Fort Lauderdale
Est. Mortgage
$10,166/mo

Fantastic investment or owner-user opportunity in the heart of Oakland Park's Industrial district! This gem offers 5 bays, totaling 8,984 SF, set on 17,111 SF lot (0.39 AC) with B-3 zoning. Current leases are under market value, with all expiring by year-end. Elevate rental rates to market standards, unlocking a lucrative 6.75% CAP rate as per proforma projections. Don't miss your chance to capitalize on this prime small bay warehouse! The surrounding area is vibrant, with notable landmarks like Oakland Park's Downtown Core and Central Business District. Over the next two years, 1,000 new residential units will be delivered within a one-mile radius, promising a steadily increasing customer base.

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Listing provided courtesy of Level Realty Partners, LLC
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