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Oakland Park Mixed-Use Building
For Sale
$1,750,000

250 NE 44th St, Oakland Park, FL 33334

Two-story mixed-use building with commercial space and residential units.

Property Size3,521 SF
Lot Size0.27 Acres
Days on Market312

Property Features for 250 NE 44th St

General Information

Standard status Active
Size 3,521 SF
Lot size 0.27 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $19,732

Building Details

Building Size 3,521 SF
Year Built 1971
Listing Agency: RE/MAX 5 Star Realty
Listed By: John DeMarco · License #A12052614
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 26 Last Checked: Oct 5 at 6:35PM

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 RE/MAX 5 Star Realty

Investment Insights

Based on property information with market context.

This two-story, 3,975 square foot freestanding mixed-use building is situated on a 17,400 square foot lot in Oakland Park. The property includes 1,680 square feet of ground floor commercial space and two residential units on the second floor. Additionally, there is a 635 square foot detached garage. The property benefits from 145 feet of frontage on Prospect Road, offering high visibility. Its location provides accessibility and exposure, with close proximity to I-95. The B-2 zoning allows for a wide range of commercial uses. The property's grandfathered auto-related entitlement provides an operational advantage. This property is an income-producing investment with value-add and redevelopment potential.

Key Highlights

  • High‑visibility frontage with 145 feet on Prospect Road in the heart of Oakland Park.
  • B‑2 zoning allows for a wide range of commercial uses.
  • Grandfathered auto‑related entitlement provides a rare operational advantage.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,737
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,214,740 $1.2M
Cap Rate 7%
$867,671 $867.7K
Cap Rate 9%
$674,856 $674.9K
Market Conditions
NOI Build-Up for 3,521 SF
Gross rent
$105.6K $30.00/SF
− Vacancy
−$8.5K −$2.40/SF
EGI
$97.2K $27.60/SF
− OpEx
−$36.4K −$10.35/SF
NOI
$60.7K $17.25/SF
Area
Broward County, FL
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,214,740
Cap Rate 7%
$867,671
Cap Rate 9%
$674,856

Alternative Uses

Best Use
Mixed Use
$867.7K
$759.2K – $1.01M (±1% cap)
NOI $60,737 @ 7.0% cap · market cap 3.47%
Second Best
Retail
$850.5K
$744.2K – $992.3K (±1% cap)
NOI $59,537 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$1.79M
$1.56M – $2.08M (±1% cap)
NOI $125,045 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,719
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story mixed-use building with commercial space and residential units.
Where is this mixed-use property located?
The property is located at 250 NE 44th St Oakland Park, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: High‑visibility frontage with 145 feet on Prospect Road in the heart of Oakland Park.; B‑2 zoning allows for a wide range of commercial uses.; Grandfathered auto‑related entitlement provides a rare operational advantage.
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