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
October 2, 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
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
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated 2:24 AM UTC, 10/2/2024.