548 32Nd StOakland Park, FL 33334

  • Warehouses
  • 1,464 SF
For Sale
$700,000 View listing

Property Details for 548 32Nd St

Year built
1956
Construction
CONCRETE
Lot size
0.13 AC
Property size (Sq ft)
1,464 SF
Zone code
B-3
Property type
Warehouses
APN
49-42-23-05-5910
APU
494223055910

Description

This exceptional investment opportunity presents a 2,584 square foot flex space in Oakland Park, Florida. The property, located at 548 NE 32nd St, 33334, features two separate structures situated on a gated 0.13-acre (5,712 square foot) lot with B3 zoning. The property boasts ample parking and a parapet wall ideal for signage. Its convenient location offers easy access to major transportation arteries, including I-95 and US-1, less than two miles away. The site is also just one block north of E Oakland Park Blvd and five blocks from Dixie Highway. This location benefits from its proximity to Oakland Park's Downtown Core and Central Business District, and is poised for growth with over 1,000 new residential units planned within a one-mile radius over the next two years. Currently occupied by a month-to-month tenant, this property presents a fantastic owner-user opportunity or the potential to increase rental income to market rates. The net rentable square footage is 2,854 square feet. The asking price is $700,000 with a gross lease type and single tenancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $498,196
    Hospitality
    $456,345
    Educational
    $379,674
    Medical
    $392,731
    Retail
    $590,604

Location Insight

City
Oakland Park
County
Broward
State
Florida
Latitude
26.1673
Longitude
-80.1395
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,606
$51,410
$239,500
$290,910
-
$51,410
$239,500
$290,910

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