For Auction

REO Sale: Fort Lauderdale Car Dealership

2980 West Oakland Park Boulevard,
Oakland Park, FL 33311

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
1978
Year Built
53,000
Vehicles Per Day
1.50 Acres
Land Area
2,678 SF
Property Size

Investment Highlights

Established W Oakland Park Blvd Auto Row
Sits on a major east-west commercial corridor among established automotive businesses.
Licensed Automotive Dealership Facility
Compact 2,678 SF building suited to independent dealers, used vehicle and specialty operators.
Owner-Operator or Leasing Flexibility
Supports business ownership, leasing, or repositioning, subject to permitted uses and approvals.
5 Miles to Downtown Fort Lauderdale
Roughly 15 minutes to Fort Lauderdale with access to the greater Miami-Fort Lauderdale metro.
475,783 Residents Within a 5-Mile Radius
Dense infill trade area with 197,137 households and $86,012 average household income in 5 miles.
Broward County Automotive Employment Base
Broward County is home to major automotive employers, including AutoNation, supporting demand.

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 2980 W Oakland Park Blvd is a 2,678 SF licensed automotive dealership on 1.50 acres in Oakland Park, Florida. Built in 1978/1998, the compact facility is positioned along W Oakland Park Boulevard, a major east-west commercial corridor carrying approximately 53,160 vehicles per day and lined with established automotive businesses. The property suits independent automobile dealers, used vehicle operators, specialty vehicle sellers, and automotive entrepreneurs, offering an owner-operator a platform to establish or expand operations. Investors may also pursue leasing or repositioning, subject to applicable zoning and regulatory requirements. Its location within an established dealership corridor supports continued automotive use. The site sits roughly 5 miles from downtown Fort Lauderdale within the greater Miami-Fort Lauderdale metro, drawing from a 5-mile trade area of 475,783 residents and 197,137 households with an $86,012 average household income. Broward County’s automotive industry, home to major employers including AutoNation, adds to the depth of the local buyer and operator pool.

Due Diligence

Location

2980 W Oakland Park Blvd sits on a major east-west corridor in Oakland Park, roughly 5 miles and 15 minutes from downtown Fort Lauderdale. The city offers direct access to I-95 and U.S. Highway 1, and the site is surrounded by established automotive businesses and dense residential neighborhoods, giving a dealer daily exposure to 53,160 VPD and a Broward County customer base.

475,783
Population within 5 miles
~5 Mi
To downtown Fort Lauderdale
$86,012
Avg household income within 5 miles

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: AU93
Fisher Auction Co: AB106

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Auction Opens In
32d 22h 59m 22s
$750,000
Starting Bid
Register To Bid
Bidding Opens
Bidding Closes

Investment Sales Brokers

Derek Schuster
Marcus & Millichap
RN
Ryan Nee
FL License: BK3154667

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.