South Corals, 1338 NE 35th St Oakland Park, FL, 33334

975,000(-1.54% )
$960,000Price
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Size: 15,413 ft2 / 1,432 m2
Price: $62 ft2 / $670 m2
MLS Number: F10418884
On Site: 339 Days
Updated: 72 Days ago
Page Views: 0
Incredible investment opportunity, part of a 5 lot assemblage generating over $120,000 annually, corner lots located in emerging downtown oakland park, close to famous breweries & restaurants, creating wonderful walkability. This 15,412 sq ft property is ideal for multi-family development, residing less than 1.5 miles from beach and a mile from wilton drive. The current 2 identical 2/1 upgraded homes on the property are to be sold along with the neighboring listing which is comprised an upgraded duplex. Zoned for multi-family use (upgradeable to rm-16, 16 units per acre) over $400 million in investment approved for downtown area, featuring parks and a future commuter train stop to brightline stations giving ample reason for sun sentinel to say to proclaim "oakland park is on the rise."
Features
All features
Approx SqFt Total Area: 15413
Property SqFt: 15413
Remarks: INCREDIBLE INVESTMENT OPPORTUNITY, Part of a 5 lot assemblage generating over $120, 000 annually, corner lots located in emerging downtown Oakland Park, close to famous breweries & restaurants, creating wonderful walkability. This 15, 412 Sq Ft property is ideal for Multi-Family development, residing less than 1.5 miles from beach and a mile from Wilton Drive. The current 2 identical 2/1 upgraded homes on the property are to be sold along with the neighboring listing which is comprised an upgraded duplex. Zoned for Multi-Family use (Upgradeable to RM-16, 16 units per acre) Over $400 Million in investment approved for downtown area, featuring parks and a future commuter train stop to Brightline stations giving ample reason for Sun Sentinel to say to proclaim "Oakland Park is on the Rise."
Internet Remarks: INCREDIBLE INVESTMENT OPPORTUNITY, Part of a 5 lot assemblage generating over $120, 000 annually, corner lots located in emerging downtown Oakland Park, close to famous breweries & restaurants, creating wonderful walkability. This 15, 412 Sq Ft property is ideal for Multi-Family development, residing less than 1.5 miles from beach and a mile from Wilton Drive. The current 2 identical 2/1 upgraded homes on the property are to be sold along with the neighboring listing which is comprised an upgraded duplex. Zoned for Multi-Family use (Upgradeable to RM-16, 16 units per acre) Over $400 Million in investment approved for downtown area, featuring parks and a future commuter train stop to Brightline stations giving ample reason for Sun Sentinel to say to proclaim "Oakland Park is on the Rise."
Waterfront: No info
Directions: North
Days on Market: 267
Compass Point: NE
Office Name: Florida Luxurious Properties
Area: 15413
Taxes: 8632
Tax Year: 2023
Listing Date: 2024-01-17T13:38:09.000-00:00
Lot Size Square Feet: 15413
Price History
10/10/2024

Date

Price Reduced

Event

$960K

Price

-1.54%

Change Rate

$62 ft2 / $670 m2

Price Per

09/18/2024

Date

Price Reduced

Event

$975K

Price

-8.88%

Change Rate

$63 ft2 / $681 m2

Price Per

08/13/2024

Date

Price Reduced

Event

$1.1M

Price

-2.73%

Change Rate

$69 ft2 / $747 m2

Price Per

06/01/2024

Date

Price Reduced

Event

$1.1M

Price

-20.29%

Change Rate

$71 ft2 / $768 m2

Price Per

01/17/2024

Date

Listed

Event

$1.4M

Price

$90 ft2 / $964 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Christopher FischerFlorida Luxurious Properties • Buyer Agency Compensation .

Instant Comparative Market Analysis
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Unit 1338 NE 35th St – Asking

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(0%) from Closed Medium $/ft²

Closed Medium $/ft²

$427/ft²
Community $/Price Range (Closed) $230/ft² – $543/ft²
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