516 NE 34th Court, Oakland Park, FL 33334 (MLS# A10612621)

516 NE 34th Court, Oakland Park, FL 33334

$1,416,375
Property Type: Commercial Sale Square Footage: 3,211 Status: Closed
Current Price: $1,416,375 List Date: 2/04/2019 Last Modified: 6/13/2026

Overview

Description

The subject offering includes two parcels, 516 NE 34th CT and 3438 NE 5th Ave. The total leasablesquare footage is 11,331 feet sitting on a large 17,879 square feet lot. The entire property was recently vacated and presents an excellent opportunity for an owner user, or investor. The subject property can be easily leased after closing creating an excellent investment opportunity. When leased and stabilized this property will net $158,628 per year yielding a strong 9.33% capitalization rate. Property is zoned I1 light industrial.

Listing Details MLS# A10612621

General Property Information

Property Sub Type
Industrial
Occupant Type
Call Listing Agent
Building Area Main
3211
Adjusted Area Main
600
Year Built
1962
Parking Total
5
Lot Size Area
17879
Lot Size Acres
0.41
Leasable Area
11331

Property Features

Column Span: Unknown Electric: 0-100 Amp Service Parking Features: Common Rail Description: Mainline Structure Type: Industrial; Warehouse Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1700000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
516
Street Direction Prefix
NE
Street Name
34th
Street Suffix
Court
City Name
Oakland Park
State Or Province
FL
Postal Code
33334
Area
3450
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number
494223055380
Subdivision Number
5
Zoning
I1
Flood Zone
X
Directions
Follow I-95 N to FL-816 E/W Oakland Park Blvd in Oakland Park. Take exit 31A from I-95 N. Use any lane to turn right onto FL-816 E/W Oakland Park Blvd. Turn left onto NE 5th Ave. Turn right onto NE 34th St- the property will be on the right side.

Financial Information

Tax Annual Amount
5144
Tax Year
2018
Tax Legal Description
OAKLAND PARK SECOND ADD 1-39 B LOT 3 BLK 78

Status Change Information

Major Change Timestamp
2019-10-11T12:55:16Z
Major Change Type
Status Change
Status Change Date
2019-10-15
Under Contract Date
2019-09-01
Close Date
2019-10-11
Close Price
1416375
Buyer Financing
Conventional

More Information

Building and Property Details

# Of Bays
5
# Of Loading Docks
5
# Of Offices
Yes
Dock Height
12
Door Height
10-12'
Improvement Height
1 Story
Interior Ceiling Height
15
Maximum Ceiling Height
15

Buyer Details

Intended Use
Unknown/Withheld

Concessions

Seller Concessions
No

Section Details

Parcel Number MLX
5380

Originating Details

Originating System Key
311001838
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Electric

0-100 Amp Service
Yes

Parking Features

Common
Yes

Structure Type

Industrial
Yes
Warehouse
Yes

Column Span

Unknown
Yes

Rail Description

Mainline
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
IDX
Listing Office: RE/MAX 5 Star Realty
Last Updated: June - 13 - 2026
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