$600,000
SOLD JAN 15, 2025

2399 Sistrunk Blvd Oakland Park, FL 33311

Durrs Neighborhood
0.23 Acre
$2,608,696 Price per Acre
9,909 Sq Ft Lot

Recently Sold

20% Below List Price

79 Days on Market

Highlights

  • 0.23 Acre Lot
  • Corner Lot
  • 3-minute walk to Lincoln Park

About This Lot

As of January 2025

Rare opportunity on rapidly developing Sistrunk Blvd. Drive Sistrunk: see surge of construction. 1/4 acre corner lot. 15 units can be built by right: Land has been entitled. Site plan for 15 large 1 bed/1 bath units. 7-9 of the units can possibly be 1 bed w/dens or 2 bed. Permits have not been pulled. Use site plan, customize or design your own. Recently sold comps in area:$66.7k-$84.5k per unit for land. Active comps in area:$60k-$99k per unit for land. Subject property under $50k per unit; OVER $250k OFF market value. New 1 bed apts nearby rent:$1.6k-$2.3k. New 2 bed apts nearby rent:$2.4k-$3k. Construction cost $2.2M+/-. All in cost:$3M+/-. Value once built:$4M+/-. $1M+/- instant equity. Potential 10%+/- cap rate. Opportunity zone. Huge tax benefits. Seller will finance or joint venture

Last Agent to Sell the Property

Michael Sheer

United Realty Group Inc. License #3355952

United Realty Group Inc.

Co-Listed By

Wayne Charneco

United Realty Group Inc License #3206892

Last Buyer's Agent

Nilufer Ucler

LoKation License #3503748

LoKation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,062

Lot Details

  • 9,909 Sq Ft Lot
  • South Facing Home
  • Corner Lot
  • Paved or Partially Paved Lot
  • 2 Lots in the community
  • Site Plan Filed
  • Property is zoned GP-1

Utilities

  • Cable TV Available

Community Details

  • Washington Park 19 22 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504205010960
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$2,062

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: NE corner of Sistrunk Blvd (NW 6th St) & NW 24th Ave. GPS: 2399 NW 6th Street, Fort Lauderdale, FL 33311.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Utilities: Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 504205010960
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.23
  • Lot Size: 9909
  • Lot Size Sq Ft: 9909.0
  • Number Of Lots: 2
  • Additional Parcels Description: 504205010970,
  • Zoning Description: GP-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2062.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $600,000 0.0% --
01/15/2025 01/15/25 Sold $600,000 -20.0% --
10/28/2024 10/28/24 For Sale $749,985 0.0% --
10/28/2024 10/28/24 For Sale $749,985 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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See All Homes in Oakland Park

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10468607

BeachesMLS (Greater Fort Lauderdale)

Florida Broward County Oakland Park 33311 Durrs

2399 Sistrunk Blvd, Oakland Park, FL

Homes for Sale in Oakland Park, FL

This home is located at 2399 Sistrunk Blvd, Oakland Park, FL 33311 and is currently priced at $600,000. 2399 Sistrunk Blvd is a home located in Broward County with nearby schools including Sunland Park Academy, Walker Elementary School (Magnet), and Parkway Middle School.

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively 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.