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311 E Prospect Rd 1,743 SF Retail Building Oakland Park, FL 33334 $1,100,000 ($631.10/SF)
Investment Highlights
- Central Business District ~ High Visibility ~ 1 mile from Interstate
- Retail/Office/2nd Flr Residential ~ Easily Restorable to (4) Units ~ (4) Meters
- Updated Well-Built Free-Standing 2-Story ~ Flexible Use Zoning
Executive Summary
Free Standing 2-Story Building on Prospect Rd in Central Oakland Park Business District. (1) mile to Expressway with Flexible B-2 Zoning (Permitted Uses List Attached). Mixed-Use Property currently set up as Two Units easily restored to 4 (4 meters)! Owner/User or Investment. 2nd Floor Residential Allowed! NEWER IMPACT WINDOWS/DOORS, ROOF, AC & ELECTRIC..Super Well-Built Concrete Commercial Property! Current Owner occupies entire building and will vacate prior to closing. (Survey Attached).
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$7,875
|
$4.52
|
| Operating Expenses |
$5,000
|
$2.87
|
| Total Expenses |
$12,875
|
$7.39
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $7,875 |
| Annual Per SF | $4.52 |
| Operating Expenses | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $2.87 |
| Total Expenses | |
|---|---|
| Annual | $12,875 |
| Annual Per SF | $7.39 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
1,743 SF
Building Class
C
Year Built
1988
Price
$1,100,000
Price Per SF
$631.10
Tenancy
Single
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.13 AC
Zoning
B-2 - Flexible General Business Zoning ~ See attached Oakland Park List of Permitted Uses
Frontage
55’ on 44TH ST
Walk Score®
Very Walkable (82)
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-42-15-03-4350 | Total Assessment | $404,080 (2026) |
| Land Assessment | $0 (2026) | Annual Taxes | $7,875 ($4.52/SF) |
| Improvements Assessment | $0 (2026) | Tax Year | 2024 |
Property Taxes
Parcel Number
49-42-15-03-4350
Land Assessment
$0 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$404,080 (2026)
Annual Taxes
$7,875 ($4.52/SF)
Tax Year
2024
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311 E Prospect Rd
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