312-322 NE 38th ST, Oakland Park, FL
312-322 NE 38th ST, Oakland Park, FL
312-322 NE 38th ST, Oakland Park, FL
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Kevin Morris

Kevin Morris

+1(954) 756-5030
$1,450,000
Est. payment /mo
5,562 SqFt
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,562 sqft

Price per Sqft $260

MLS Listing ID B26025801

Construction Status Resale

HOA Y/N No

Year Built 1979

Annual Tax Amount $21,652

Tax Year 2025

Contingent None

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Retail

Property Description

Value-add retail strip center located in the heart of Oakland Park's rapidly growing NE 38th Street corridor. 5,562 SF building with 6 tenants including a restaurant, laundromat, retail stores, and tax office. Current rents are significantly below market, offering approximately $44,000/year in upside potential. Recent capital improvements totaling $191,000 include a full roof replacement, new electrical, and new plumbing. Two units are month-to-month providing immediate flexibility for a new owner. Property sits within Oakland Park's Downtown Redevelopment Area — one of Broward County's most active urban growth corridors. All measurements approximate; buyer to verify.

Location

State FL

County Broward

Area 3450

Zoning B-1

Interior

Interior Features InteriorFeatures

Heating Central, Individual

Cooling Central Air

Fireplace No

Exterior

Parking Features Free Parking

Utilities Available Cable Connected, Electricity Connected, Phone Connected, Water Connected

Water Access Desc Multiple Meters,Public

Roof Type Flat

Accessibility Accessibility Features

Total Parking Spaces 20

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Water Multiple Meters, Public

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 494222040020

Security Features Closed Circuit Camera(s),None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/312322-NE-38th-Street-Oakland-Park-FL/unbranded

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BeachesMLS, Inc. (FLR) IDX
Listed by Jesahias Nathan Rodriguez Canvas Real Estate

NEARBY SCHOOLS & PROPERTIES

Kevin Morris

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 756-5030

kevinsellshomeshere@gmail.com

934 N University Dr. Suite 226, Springs, FL 33071, United States

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312-322 NE 38th ST