Renovated Four-Unit Flex
For Sale
$2,450,000
4019 Ne 6th Ave, Oakland Park, FL 33334
Fully renovated light-industrial property with updated storefronts, offices, bathrooms, and immediate occupancy potential.
Property Size9,712 SF
Lot Size0.28 Acres
Price / SF$252.27
Days on Market75
Property Features for 4019 Ne 6th Ave
General Information
Standard status
Active
Size
9,712 SF
Lot size
0.28 Acres
Zoning
I-1
Additional Details
Drive-In Doors
10
Taxes and HOA fees
Annual Taxes
$36,478
Building Details
Buildings
1
Building Size
9,712 SF
Listing Agency:
Biscayne Advisors
Listed By:
Jesse Sinai · License #3518110
(786) 496-0440
Source:
Exprealty
Added: Jul 24
Changed: Oct 4
Last Checked: Oct 5 at 7:26PM
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 Biscayne Advisors
Investment Insights
Based on property information with market context.
This flex space comprises a fully renovated four-unit industrial building totaling 9,712 SF on a 12,402 SF corner lot. The layout includes four 2,428 SF bays, 10 grade-level doors, updated storefronts and facade treatments, offices, and bathrooms. A recently completed 40-year inspection is also in place.
The property is positioned along the NE 6th Avenue corridor in Oakland Park, Florida. I-1 Light Industrial zoning supports its industrial positioning, while the four-bay configuration accommodates separate occupancy or owner-user use. Immediate occupancy is available.
The property is positioned along the NE 6th Avenue corridor in Oakland Park, Florida. I-1 Light Industrial zoning supports its industrial positioning, while the four-bay configuration accommodates separate occupancy or owner-user use. Immediate occupancy is available.
Key Highlights
- 9,712 SF building on a 12,402 SF corner lot
- Four evenly sized 2,428 SF bays
- 10 grade‑level doors serving the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$213,625
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,272,500
$4.3M
Cap Rate 7%
$3,051,786
$3.1M
Cap Rate 9%
$2,373,611
$2.4M
Market Conditions
NOI Build-Up for 9,712 SF
Gross rent
$349.6K $36.00/SF
− Vacancy
−$21.0K −$2.16/SF
EGI
$328.7K $33.84/SF
− OpEx
−$115.0K −$11.84/SF
NOI
$213.6K $22.00/SF
Area
Broward County, FL
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,272,500
Cap Rate 7%
$3,051,786
Cap Rate 9%
$2,373,611
Alternative Uses
Best Use
Flex RnD
$3.05M
$2.67M – $3.56M
NOI $213,625 @ 7.0% cap · market cap 8.72%
Second Best
Warehouse
$1.82M
$1.59M – $2.12M
NOI $127,315 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$4.93M
$4.31M – $5.75M
NOI $344,912 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
10
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,654
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
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- JUAN AND ONLY CATERING SERVICES LLC — 4072 NE 5th Terrace, Oakland Park, FL 33334
- Jolani’s Gourmet — 4072 NE 5th Terrace, Oakland Park, FL 33334
- Chef2You — 4072 NE 5th Terrace, Oakland Park, FL 33334
Frequently Asked Questions
What type of property is this?
Flex space - Fully renovated light-industrial property with updated storefronts, offices, bathrooms, and immediate occupancy potential.
Where is this flex space located?
The property is located at 4019 Ne 6th Ave Oakland Park, FL.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 9,712 SF building on a 12,402 SF corner lot; Four evenly sized 2,428 SF bays; 10 grade‑level doors serving the building
