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29575631
29575633

250 NE 44th St, Oakland Park, FL 33334

RS
FL 3285074
RE/MAX 5 Star Realty
JD
FL BK3134747, 3134747
RE/MAX 5 Star Realty
Listed by RE/MAX 5 Star Realty
$1,980,000
318 days on market
Updated 4 days ago
Opportunity zone

250 NE 44 St • Oakland Park, FL

Details
APN 494222160100
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building, Warehouse (+3)
Square Footage 3,521
Units 3
Cap Rate 5.84%
NOI $115,548
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $562
Year Built 1971
Buildings 1
Stories 2
Lot Size (SqFt) 11,600
Zoning B-2

Mixed-Use Freestanding Building: 2 Apartments on 2nd FL with Automotive Repair on the Ground FL!

Marketing description

Opportunity Zone Mixed-Use Investment | Oakland Park, FL Located within a designated Opportunity Zone, this two-story, 3,975 SF freestanding mixed-use building sits on a ±17,400 SF site in the heart of Oakland Park. The property features 1,680 SF of ground-floor commercial space, two residential units on the second floor, and a ±635 SF detached garage. With approximately 145 feet of high-visibility frontage along Prospect Road and immediate proximity to I-95, the asset benefits from excellent exposure, access, and tenant demand drivers. Zoned B-2 (General Business), the property supports a broad range of commercial and mixed-use configurations. Notably, the site benefits from a grandfathered auto-related entitlement, providing a rare operational advantage that enhances current income stability and optionality. The existing improvements offer in-place cash flow, while the oversized land area and zoning allow for meaningful value-add or redevelopment upside. By-Right Development & Expansion Potential (B-2 Zoning) 2–3 stories 8–14 residential units Optional 2,500–5,000 SF ground-floor commercial 100% market-rate (no affordability requirement) Opportunity Zone Investment Highlights Deferral of eligible capital gains invested into the project Tax-free appreciation upon sale after a 10-year hold No affordability covenants or rent restrictions Flexibility for refinance or exit at Year 10+

Investment highlights

  • Mixed-Use Freestanding Building

  • Minutes from I-95 & Major Arterial Highways

  • 100% Occupied with 5.8% In-Place CAP Rate

  • Grandfathered Auto Use - Rare Entitlement

  • Perfect for an Investor or Redevelopment!

  • By-Right Development & Expansion Potential (B-2 Zoning)

    • 2–3 stories

    • 8–14 residential units

    • Optional 2,500–5,000 SF ground-floor commercial

    • 100% market-rate (no affordability requirement)


    Opportunity Zone Investment Highlights

    • Deferral of eligible capital gains invested into the project

    • Tax-free appreciation upon sale after a 10-year hold

    • No affordability covenants or rent restrictions

    • Flexibility for refinance or exit at Year 10+

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Listing Contacts

RS
FL 3285074
RE/MAX 5 Star Realty
JD
FL BK3134747, 3134747
RE/MAX 5 Star Realty
Listed by RE/MAX 5 Star Realty

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,548.00
$9,629.00/mo

Valuation Metrics

0
DSCR
5.84%
Cap Rate
5.84%
ROI

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Zoning

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B-2 CommercialGeneral CommercialGeneral Business
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Randall Sanz
License
3285074
Brokerage
RE/MAX 5 Star Realty & The DeMarco Real Estate Group
Brokerage Phone
3059686238
Brokerage Address
1901 Harrison Street
Name
John DeMarco
License
BK3134747
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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