Basic Information

  • Type Industrial
  • Status Closed
  • Year Built 1959
  • Total Size 22,003 Sq.Ft / 0.51 Acre
  • Date Listed 02/05/2019
  • Days on Market 686
Description

John DeMarco with ReMax 5 Star Realty is pleased to present the sale of a freestanding warehouse located in Oakland Park Florida. The total leasable square footage is 11,956 square feet sitting on a large 22,003 square feet lot. The entire property was recently vacatedand is an excellent opportunity for an owner user or investor. Thesubject property can be easily leased to multiple tenants after closing creatingan excellent investment opportunity. There are 6 total bays.Property is located in Opportunity Zone. When leased and stabilized this property will net 147,472 per year yielding a strong 8.67 capitalization rate. Property is zoned I1 light industrial. See enclosed all allowable zoning uses. This property is being offered at only 142.19 a sfwhich is well below recent sales.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description Common
  • Style Industrial

Interior Features

  • Adjusted Sqft 0.51 AcreSq.Ft
  • Sqft 0.51 Acre Sq.Ft

Property Features

  • Address 519 NE 34th St
  • Aprox. Lot Size 22,003
  • Furnished Info no
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $15,559
  • Tax Legal desc OAKLAND PARK SECOND ADD 1-39 B LOT 25 TO 28 BLK 78
  • Tax Year 2018
  • Type of Property Industrial

519 NE 34th St

Oakland Park, FL 33334

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REMAX 5 Star Realty. tel: 954-361-0000

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