3939 N Powerline Road, Oakland Park, FL

Land for Sale - $1,190,000 - 1.14 acres


Agent Info

Joe Pelayo, CCIM, SIOR
Total Real Estate Consultants, Inc.

Property Info

CIMLS#1180588
Location
  3939 N Powerline Road
  Oakland Park FL 33309
UpdatedAugust 27th, 2025
TypeLand
Price$1,190,000
Land1.14 acres

Attached Documents


Property Description

MOTIVATED SELLER| QUICK CLOSING! This 1.135 acre land/development site is available for sale! Recently plans were redesigned for the Live Local Act designation, this project would consist of approximately a 65,000 +/- SQFT building area. Specifically, there would be a total of 84 units (33 at affordable housing rate, 51 at market rate), and 50% of the first floor would be commercial usage. The project offers 140 parking spaces (14 at surface level and 126 with state-of-the-art automated vehicle storage system). The total project cost including the listed price acquisition of the land, is estimated to range between $13.5 million and $14.5 million, depending on the final scope while the final estimated value at exit ranges around $21 million with a holding period of 3-5 years. Major employers located within the area include BB&T, Lowe's, Regions Bank, Walgreens, Citrix, Microsoft, and more. Healthcare facilities located within a 10-mile radius include Holy Cross Hospital, Broward Health Medical Center, Broward Health Imperial Point, and more.


Financials



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