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1001-1045 NE 39 Dr
Oakland Park, FL 33334
Multifamily Property For Sale
·
73 Units

Property Facts
| No. Units | 73 | Lot Size | 1.19 AC |
| Property Type | Multifamily | Building Size | 49,295 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1969 |
| Zoning | RM-25 | ||
| No. Units | 73 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.19 AC |
| Building Size | 49,295 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1969 |
| Zoning | RM-25 |
About 1001-1045 NE 39 DR , OAKLAND PARK, FL 33334
The City Of Oakland Park is in the process of creating a downtown atmosphere centered around a new City Hall that is going to be built along Dixie Highway and Northeast 38th St across just a few blocks from the subject properties. In 2017, the Community Redevelopment Agency (CRA) began its action plan and determined how they will develop the new Downtown area. With programs such as the Landscape Beautification Initiative, Public Art Program along with the public and private funding of new mixed- use developments, there is going to be an expected $30-$50 million invested in this new social hub. Since the inception of the CRA concept in Oakland Park, the downtown has been the Linchpin of the redevelopment efforts and has seen the largest growth in private investment within the CRA. The revitalization will bring jobs, increased interest from investors and most importantly, prosperity to the surrounding areas. With the subject properties located just a few blocks from this boon of economic activity, this is the time to secure the real estate around it to ensure you can ride the wave of growth that will soon garner tens of millions of dollars in economic activity. The downtown district of Oakland Park is located along two of the area's major arterial corridors, Oakland Park Boulevard and Dixie Highway, therefore making it an accessible destination from many locations. The area is also less than two miles from world-famous South Florida beaches, schools, shopping centers and employment centers, making it attractive for both the home buyer and the visitor. Downtown Oakland Park is surrounded by a number of established neighborhoods which are accessible by both pedestrians and vehicles. The downtown district is intended to be a vibrant and compact urban area that will foster smart growth and stimulate economic development. Emphasis on new urbanism will be encouraged with a mixed-use city center that will have spacious pedestrian walkways and arcades, beautiful parks and open spaces and aesthetically-pleasing facades. Characteristics and components of the revitalized downtown will also include mixed-use development, enhanced housing opportunities, historic preservation and improved transportation facilities.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $950.00 | 543 |
| 2+1 | 68 | $1,200 | 685 |
Links
Property Taxes
| Parcel Number | 49-42-23-09-0030 | Improvements Assessment | $4,307,070 |
| Land Assessment | $620,930 | Total Assessment | $4,928,000 |
Property Taxes
Listing ID: 13786263
Date on Market: 9/14/2018
Last Updated:
Address: 1001-1045 NE 39 Dr, Oakland Park, FL 33334
The Multifamily Property at 1001-1045 NE 39 Dr, Oakland Park, FL 33334 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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