537-549 NE 34th St Oakland Park, FL 33334

FOR SALE - Active
$1,200,000

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 5,467 ft2/507.90 m2
  • Price Per: $219.50 ft2/$2,362.67 m2
  • Type: Commercial/Investment
  • Built: 1967
  • HOA: No info
  • MLS Number: A11663351
  • View No info
  • On Site: 68 days
  • Updated: Listing Refreshed: 33 Days Ago

537 - 549 NE 34 STREET is a self-storage/micro-bay industrial property featuring Twenty 300 SF units & two common area restrooms located on the north-end of the property. Most units are leased by local businesses, tradesmen, or used for self-storage. Bay’s 11-13 totaling 600 SF leased for $30 PSF (modified gross). Bay 19 (300 SF) and Bay 20 (300 SF) leased for $31.65 PSF and $31.95 PSF respectively. These deals were in the Top range of Comparable Lease Rates for small self-storage/micro-bay industrial properties within Oakland Park. With 4,267 SF of the 5,467 SF building remaining under market rate, the property has proven upside to slowly re-tenant and bring rents up to $29-32 PSF.

Price History

DateEventPriceChange RatePrice Per
09/20/2024Listed$1,200,000.00$219.50 ft2/$2,362.67 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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