1995 Professional Building | 1995 E Oakland Park Blvd
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1995 Professional Building 1995 E Oakland Park Blvd
20,987 SF 100% Leased Office Building Fort Lauderdale, FL 33306 £4,550,729 (£216.84/SF) 5.08% Net Initial Yield
EXECUTIVE SUMMARY
Great Office Redevelopment or Future Owner-User.
Situated at 1995 E Oakland Park Blvd, Oakland Park, FL 33306, this office building holds tremendous potential for an impressive redevelopment project or Buy and Hold building. Two new projects are in close proximity. With a maximum building height of 100 feet, the site offers ample space for transformation. The proposed redevelopment envisions a eight-story residential building, encompassing 6 residential floors and ground-floor parking and retail spaces along the facade, including a welcoming reception area.
The residential project aims to accommodate 82+ apartments for rent.
The apartments themselves boast a spacious layout, with an average size of 1,000 square feet each. This ensures comfortable living spaces for future residents. Additionally, there are plans to incorporate some retail spaces throughout the development, adding convenience and diversity to the overall offering.
Situated at 1995 E Oakland Park Blvd, Oakland Park, FL 33306, this office building holds tremendous potential for an impressive redevelopment project or Buy and Hold building. Two new projects are in close proximity. With a maximum building height of 100 feet, the site offers ample space for transformation. The proposed redevelopment envisions a eight-story residential building, encompassing 6 residential floors and ground-floor parking and retail spaces along the facade, including a welcoming reception area.
The residential project aims to accommodate 82+ apartments for rent.
The apartments themselves boast a spacious layout, with an average size of 1,000 square feet each. This ensures comfortable living spaces for future residents. Additionally, there are plans to incorporate some retail spaces throughout the development, adding convenience and diversity to the overall offering.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
20,987 SF
Building Class
B
Year Built/Renovated
1974/1998
Price
£4,550,729
Price Per SF
£216.84
Net Initial Yield
5.08%
NOI
£231,393
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
6,996 SF
Slab to Slab
10 ft
Building FAR
0.48
Lot Size
1.00 AC
Zoning
B-1 - B-1: Community Business District
Parking
73 Spaces (3.48 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Route
- Signage
- Air Conditioning
1 of 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 49-42-24-05-0011 | Improvements Assessment | £1,718,409 (2025) |
| Land Assessment | £471,309 (2025) | Total Assessment | £2,189,718 (2025) |
PROPERTY TAXES
Parcel Number
49-42-24-05-0011
Land Assessment
£471,309 (2025)
Improvements Assessment
£1,718,409 (2025)
Total Assessment
£2,189,718 (2025)
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1995 Professional Building | 1995 E Oakland Park Blvd
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