Street-Facing
1228 NE 38TH Street #1246, Oakland Park, FL 33334
For Sale
Contact for pricing
The space has a rear loading bay with a roll-up door and signage facing the street.
Property Size10,894 SF
Price / SF$0.24
Days on Market8
Property Features for 1228 NE 38TH Street #1246
General Information
Standard status
Size
Property subtype
Amenities
loading bay
0.39 acres, City Location, Commerce Park, 1/4 To Less Than 1/2 Acre Lot, Corner Lot, Less Than 1 Acre, West Of US 1, Anchored Center, Sidewalk
At Site, Public Sewer, Public Sanitation, Sewer
Parcel Number: 494223031020, Annual Amount: $33,014, Legal Description: OAKLAND PARK 2-38 B ALL LOTS 12 TO 14,LESS RD BLK 10, Year: 2026, Zoning: DCE
Vinyl
Central Air
Central
Listing ID: B26098006, Standard Status: Active, MLS Status: Active, Property Subtype: Mixed Use, On market as of 2026-11-05, 4 days on market, Special Conditions: Lease
20 total parking spaces, Common, Free Parking, Off Site, On Street
Built in 1985, Year Built Details: Newly Updated/Renovated, Living area: 10894, Living area units: Square Feet, 1 storey, Levels: 1, Construction Materials: Concrete Block Construction
County/Parish: Broward County
Substantially Remodeled, Updated/Remodeled, Completely Renovated, Leasable area: 1250, Leasable area units: Square Feet
1 units in community
Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available, Water Source: Public, Other Electric
Rental Agreement
Frontage Type: City Street, City/County Maintained, City, U.S. Hwy, Road Responsibility: Public Maintained Road
West Of Us1
No Fire Protection, No Security
Accessible Parking
Building Details
Year Built
Tenancy
Listing Agency:
Neal Realty & Investments, Inc
Listed By:
Debra K Mink · License FL #127521
(954) 568-0530
Source:
Riserealty
Added: Nov 5
Changed: Nov 12
Last Checked: Nov 12 at 2:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Neal Realty & Investments, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Oakland Park storefront has a street-facing entrance and signage, with a dedicated rear loading bay served by a roll-up door. The building dates to 1985.
The property is in downtown Oakland Park near the community park and event center, and across from Funky Buddha Brewery and Tenth Level Tavern. The newly constructed City Hall is also nearby.
The property is in downtown Oakland Park near the community park and event center, and across from Funky Buddha Brewery and Tenth Level Tavern. The newly constructed City Hall is also nearby.
Key Highlights
- Street‑facing storefront with signage
- Dedicated rear loading bay with roll‑up door
- Across from Funky Buddha Brewery and Tenth Level Tavern
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,309
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,646,180
$2.6M
Cap Rate 7%
$1,890,129
$1.9M
Cap Rate 9%
$1,470,100
$1.5M
Market Conditions
NOI Build-Up for 10,894 SF
Gross rent
$200.0K $18.36/SF
− Vacancy
−$11.0K −$1.01/SF
EGI
$189.0K $17.35/SF
− OpEx
−$56.7K −$5.21/SF
NOI
$132.3K $12.15/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,646,180
Cap Rate 7%
$1,890,129
Cap Rate 9%
$1,470,100
Alternative Uses
Best Use
Retail
$1.89M
$1.65M – $2.21M
NOI $132,309 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.53M
$4.84M – $6.45M
NOI $386,889 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,271
Businesses Nearby
4k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
O'Reilly Auto Parts
Shops & Services
3,054 visits/mo
0.0 miles
Extra Space Storage
Shops & Services
459 visits/mo
0.5 miles
Demographics for 33334, FL
30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Broward County, FL
Properties on Market for Storefront properties in Broward County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Fanny Flowers — 699 E Oakland Park Blvd, Oakland Park, FL 33334
- Flower Dreamers — 2058 E Oakland Park Blvd, Fort Lauderdale, FL 33306
- Victoria Park Flower Studio — 2058 E Oakland Park Blvd, Fort Lauderdale, FL 33306
- Pink Pussycat Flower and Gift Shop — 2058 E Oakland Park Blvd, Fort Lauderdale, FL 33306
- WJM FLoral & Events — 3475 NE 12th Terrace, Oakland Park, FL 33334
Frequently Asked Questions
What type of property is this?
Storefront property - The space has a rear loading bay with a roll-up door and signage facing the street.
Where is this storefront property located?
The property is located at 1228 NE 38TH Street #1246 Oakland Park, FL.
What are key features of this property?
This property features: Street‑facing storefront with signage; Dedicated rear loading bay with roll‑up door; Across from Funky Buddha Brewery and Tenth Level Tavern
