Commercial Real Estate Property For Sale In Fort Lauderdale

2881 Oakland Park Blvd Fort Lauderdale, FL 33306
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$21,000,000

  • 1969 Year Built
  • Apr 18, 2024 Listing Date

MLS #

:

A11572479

Price

:

$21,000,000

Status

:

Listing Date

:

Apr 18, 2024

Square Footage

:

Not Available

County

:

Broward County

Square Footage

:

Not Available

Year Built

:

1969

Taxes

:

$64,342 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

Commonwealth Commons a 19,167 square foot iconic premier office building. The Property consists of an 96% occupied, three-story, multi-tenant office building. The surrounding Coral Ridge area is home to a number of executives who reside in waterfront neighborhoods where housing prices typically range from $2M to over $15M The offering provides a unique opportunity for an investor to acquire a well located, cash flowing office building, either taking over the operation of the executive suite business or retain the current operator. Additional potential future upside could be captured through spinning off the additional development of condo building. Great redevelopment potential

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