Active
2881 E Oakland Park Blvd
Fort Lauderdale FL, 33306
$21,000,000
$1,100.51 per sqft
Active
19,082 sqft
Commercial
Built in 1969
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
A11572479
MLSⓇ ID
April 18, 2024
Listed
May 1, 2024
Updated
Map
2881 E Oakland Park Blvd
Fort Lauderdale FL, 33306
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.87 Acres
Other Property Details
Taxes
$64,342
Tax Frequency
Annually
Days on Market
12
Garage
No
View
No
County
Broward County
Pool
No
Zoning
CB
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
|---|---|---|
4/30/2024 | Price Change | $21,000,000 5% |
4/19/2024 | Price Change | $19,999,000 24% |
Listed by: Vera Realty LLC
Listing Contact: 352-222-2526
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Data last updated 12:36 AM UTC, 5/1/2024.