2881 E Oakland Park Blvd, Fort Lauderdale, FL

$21,000,000

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About 2881 E Oakland Park Blvd

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

Features of 2881 E Oakland Park Blvd

MLS® # A11572479
Price $21,000,000
Year Built 1969
Type Commercial Sale
Sub-Type Office
Style Detached
Status Active

Community Information

Address 2881 E Oakland Park Blvd
Area 3250
City Fort Lauderdale
County Broward County
State FL
Zip Code 33306-1813

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed April 18th, 2024
Days on Market 29
Zoning Description CB
Foreclosure No
Short Sale No
RE / Bank Owned No
Tax Annual Amount $64,342
Buyer Agent Compensation 3%

Listing Details

OfficeVera Realty LLC

Listing Map

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