For Sale
$750,000

180 44Th StOakland Park, FL 33334

Value-add retail center, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional value-add opportunity presents a 2,322 square foot shopping center located at 180 NE 44th St, Oakland Park, FL 33334. The property, built in 1961, consists of a single-story building encompassing four units on a 0.15-acre lot. Currently vacant, the center offers an occupancy date of January 1, 2025, providing ample time for renovations and tenant acquisition. The property boasts excellent visibility and accessibility on Prospect Road. Zoned B-2 (General Business), it benefits from its location within an Opportunity Zone and Community Redevelopment Area (CRA) boundaries. Ample parking is available, with a ratio of 3.4 spaces per 1,000 square feet. The asking price is $750,000. The average household income within a three-mile radius exceeds $95,000, indicating strong potential for tenant demand and rental income. The property's APN is 494222160030. This is an ideal investment for owner-users or those seeking a value-add project in a thriving Broward County location. The property's strategic location and zoning provide significant upside potential for future growth and profitability.

Highlights

  • Owner-user or value-add investment opportunity.
  • Built in 1961.
  • 2,322 square-foot building with four units.
  • B-2 General Business zoning.
  • Excellent visibility and accessibility on Prospect Road.
  • Located in an Opportunity Zone.

Property Details for 180 44Th St

Property type
Lifestyle centers, Power centers
Square Feet
2,322 SF
Class
C
Buildings
1
Stories
1
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Oakland Park
County
Broward
State
Florida
Latitude
26.181226927713
Longitude
-80.14438459096
180 44Th St, Oakland Park, Florida

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180 44Th St
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