Pete Pizarro Acquires Oakland Park Office For $2.65M

Located at 3075 West Oakland Park Boulevard in Oakland Park, this office property was recently sold in a closed transaction. The property spans approximately 20,600 square feet, with a sale price of $2,650,000, resulting in a price per square foot of $129. The transaction had a cap rate of 5.89%.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $2,650,000
• Address: 3075 West Oakland Park Boulevard
• Market: Oakland Park

The buyer of the property was Pete Pizarro, while the seller was Alberto Kamhazi. Representing the seller were Elon Gerberg, Adam H. Klein, and Cleveland Sainpreux from SVN. It is worth noting that the property requires an estimated $1 million in deferred maintenance. For more information, interested parties can contact the ROI Group at SVN, specifically Elon Gerberg ([email protected], 561.485.1129), Adam H. Klein ([email protected], 516.445.3070), or Cleveland Sainpreux ([email protected], 561.485.1655).

Follow the ROI Group of SVN for exclusive listings and helpful commercial real estate investment sales tips: https://linktr.ee/ROIGroupofSVN.