About 3939 Powerline Road
MOTIVATED SELLER|QUICK CLOSING: 1.135 acre land/development site! Plans designed for Live Local Act & consist of approx. 65,000 +/- SQFT building area, including 84 units (33 at affordable housing, 51 at market), & 50% of the 1st floor would be commercial. Project offers 140 parking spaces (14 at surface & 126 w/ automated vehicle storage system). Total project cost is estimated between $13.5 - $14.5 million, depending on the final scope - the final estimated value at exit is around $21 million with a holding period of 3-5 years. Employers in the area include BB&T, Lowe's, Citrix, Microsoft, & more. Healthcare facilities within a 10-mile radius include Holy Cross Hospital, Broward Health Medical Center, Broward Health Imperial Point & more.
Features of 3939 Powerline Road
| MLS® # | F10523612 |
|---|---|
| Price | $1,190,000 |
| Acres | 1.14 |
| Type | Land & Docks |
| Sub-Type | Unimproved Land |
| Status | Active Under Contract |
Community Information
| Address | 3939 Powerline Road |
|---|---|
| Area | 3010 |
| City | Oakland Park |
| County | Broward |
| State | FL |
| Zip Code | 33309 |
Amenities
| Utilities | Other, Sewer Available |
|---|---|
| Is Waterfront | No |
School Information
| Elementary | Lloyd Estates |
|---|---|
| Middle | James S. Rickards |
| High | Northeast |
Additional Information
| Zoning | B-2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Total R E Consultants Inc |
|---|