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4331 N Federal Hwy

Oakland Park, FL 33308
  • $9,600,000
  • STATUS: Active
  • ON SITE: 148 Days
  • MLS #: A11174865
UPDATED: 8 min ago
$9,600,000
  • 0
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1973
County:

School Ratings & Info

Description

FOR SALE: 4331 North Federal Highway. This 19,492 sq. ft. boutique medical building is a rare trophy asset located mile from Holy Cross Hospital and 3 miles to Broward Health Imperial Point Hospital. Building has full impact windows & doors throughout, new roof, all new mechanicals, new electrical & plumbing throughout, new elevator system, new fire sprinklers, new drainage system, and new electric lines coming into the building provided by FPL. Upside in leasing remaining 7,650 sq.ft. of first generational space consisting of 2,350 sq. ft. on the second floor & 5,300 sq. ft. on the 3rd. Once fully leased up, building NOI surpasses market returns for this asset class. Amazing visibility with monument signage and added opportunity for naming rights on the top of the building.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-11T15:54:07.94.
www.pattyaccorto.com/homes/126744937
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4331 N Federal Hwy Oakland Park, FL 33308

  • Price: $9,600,000
  • Status: Active
  • On Site: 148 Days
  • Updated: 8 min ago
  • MLS #: A11174865
0
Beds
0
Baths
0
½ Baths
0.56
Acres
1973
Built
County:
Broward
Property Description
FOR SALE: 4331 North Federal Highway. This 19,492 sq. ft. boutique medical building is a rare trophy asset located mile from Holy Cross Hospital and 3 miles to Broward Health Imperial Point Hospital. Building has full impact windows & doors throughout, new roof, all new mechanicals, new electrical & plumbing throughout, new elevator system, new fire sprinklers, new drainage system, and new electric lines coming into the building provided by FPL. Upside in leasing remaining 7,650 sq.ft. of first generational space consisting of 2,350 sq. ft. on the second floor & 5,300 sq. ft. on the 3rd. Once fully leased up, building NOI surpasses market returns for this asset class. Amazing visibility with monument signage and added opportunity for naming rights on the top of the building.
Exterior Features

Construction Materials Concrete Block ConstructionCbs Construction Inclusions Building & LandLeasesLeases Parking Total 100 Pool Private YN No Road Frontage Type Main ThoroughfareState Road View YN No Waterfront YN No

Interior Features

Building Area Total 19492 Cooling Central Building A/C Flooring Ceramic Floor Heating Central Electric Heating YN Yes Window Features Clear Impact GlassComplete Impact Glass

Property Features

Association YN No Building Name 4331 Business Type Medical OfficeProfessional Cooling YN Yes Documents Available Aerial Photo(S)Copy Of Lease(S)PhotosRent RollsSite PlansExisting SurveyTax Return Green Energy Efficient Windows Horse YN No Land Lease YN No Lease Considered YN Yes Lease Term 7-10 Year Lease Listing Terms All CashCashConventional/Refinance New Construction YN No Public Survey Section 24 Security Features Smoke AlarmSmoke Detector(S)Fire Sprinkler SystemSecurity Lights Senior Community YN No Sewer Public Sanitation Special Listing Conditions Sale Structure Type Free Standing Tax Annual Amount 107084 Tenant Pays Common Area MaintenanceElectricitySales Tax Water Source Public Zoning Medical

Listing courtesy of Bonvie Realty.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-11T15:54:07.94.
 
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