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Gelfand Realty Miami Properties for Sale - Commercial for Sale

2881 E OAKLAND PARK BLVD, FORT LAUDERDALE, FL 33306

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Commercial - for Sale

2881 E OAKLAND PARK BLVD, FORT LAUDERDALE, FL 33306

Asking Price$21,000,000 Change Price$1,001,000

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  • Days on market:

    12 day(s)

  • Original Price:

    $16,000,000

  • Tax Legal Description:

    CORAL RIDGE GALT ADD NO 3 35-47 B LOTS 8,9,10 LESS E 40 BLK 17

  • Property Type:

    Commercial

  • Special Listing Conditions:

    Sale

Description

$21,000,000

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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