312-322 Ne 38th Street, Oakland Park, FL 33334

$1,100,000

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Sold Price
$1,100,000
List Price
$1,450,000
Days on Market
72
Closing Date
Aug 31, 2026
MLS#
B26025801
Year Built
1979
Lot Size
12,702
Acres
0.29

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.

Additional Information

Taxes
$21,652
Community Features
Not Found
Property Description
Restaurant
Zoning
B-1
Utilities
Cable Available, Electricity Available, Phone Available, Water Available
Heating
Central Individual A/C
Air Conditioning
Central Individual A/C, Central Air
Exterior Construction
CBS Construction
Roof
Flat Tile, Flat Roof With Facade Front

Listing Courtesy Of Canvas Real Estate, Contact:

Selling Office: Canvas Real Estate.

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Calculator source: Real Geeks