312-322 NE 38th ST, Oakland Park, FL 33334
312-322 NE 38th ST, Oakland Park, FL 33334
312-322 NE 38th ST, Oakland Park, FL 33334
312-322 NE 38th ST, Oakland Park, FL 33334
312-322 NE 38th ST, Oakland Park, FL 33334
312-322 NE 38th ST, Oakland Park, FL 33334
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$ 1,450,000
Est. payment | /mo

5,562 SqFt


$ 1,450,000
Est. payment | /mo

5,562 SqFt

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

HOA Y/N No

Year Built 1979

Annual Tax Amount $21,652

Tax Year 2025

Contingent No Contingencies

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

Interior

Heating Central

Cooling Central Air

Exterior

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

Roof Type Flat,Tile

Total Parking Spaces 20

Private Pool Yes

Building

Lot Description <1 Acre, 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block

Others

Senior Community No

Tax ID 494222040020

Security Features Closed Circuit Camera(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Canvas Real Estate
Dollys Vargas

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

+1(407) 353-5949

realtor@dollysvargas.com

1400 S International Pkwy, Mary, FL, 32746

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312-322 NE 38th ST