Overview
- Updated On:
- February 24, 2024
Description
Development opportunity in the heart of Oakland Park to purchase two folios, including the corner, with a potential built of 14 dwellings, up to 4-6 stories with commission approval and bonus height provisions stipulated in code. The site is located a few blocks away from City Hall and allows for commercial spaces on the ground level. One site (1091 NE 36 ST) is currently a 2 bedroom 1 bath Single Family Home; the corner lot (3621-3641 NE 11 AVE) is a Triplex. Please inform your developers of the opportunity with the Live Local Act, which allows maximizing the built out and do away with parking. Assemblage (two folios) offered for highest and best use. Sellers are open to offers.
***Priced based on the redevelopment potential and not current income or value per SF of current building.***
- Principal and Interest
- Property Tax
- HOA fee
