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250 NE 44th St
Oakland Park, FL 33334
Oakland Park Mixed Use building · Retail Property For Sale
Investment Highlights
- Mixed-Use Freestanding Building
- 100% Occupied with 5.8% In-Place CAP Rate
- Perfect for an Investor or Redevelopment!
- Minutes from I-95 & Major Arterial Highways
- Grandfathered Auto Use - Rare Entitlement
Executive Summary
This twostory 3,975 SF freestanding mixed-use building sits on a 17,400 SF lot in the heart of Oakland Park. The property features 1,680 SF of ground floor commercial space, along with two residential units on the second floor and a 635 SF detached garage. With 145 feet of high visibility frontage on Prospect Road and close proximity to I-95, it offers excellent exposure and accessibility. The B-2 Zoning allows for a wide range of commercial uses, while its grandfathered auto related entitlement provides a rare operational advantage. This property presents a stable, income-producing investment with strong valued and redevelopment potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,975 SF
Building Class
C
Year Built/Renovated
1971/2025
Price
$1,980,000
Price Per SF
$498.11
Cap Rate
5.84%
NOI
$115,548
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
B-2 - Grandfathered Use of Auto maintenance /repair
Parking
17 Spaces (4.28 Spaces per 1,000 SF Leased)
Frontage
145’ on NE 44th St
Amenities
- 24 Hour Access
- Corner Lot
- Fenced Lot
- Property Manager on Site
- Pylon Sign
- Signage
- Drive Thru
- Storage Space
- Air Conditioning
- Balcony
Property Taxes
| Parcel Numbers | Improvements Assessment | $697,170 | |
| Land Assessment | $301,600 | Total Assessment | $998,770 |
Property Taxes
Parcel Numbers
Land Assessment
$301,600
Improvements Assessment
$697,170
Total Assessment
$998,770
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