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

November 21, 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 7:09 PM UTC, 11/21/2024.

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