Oakland Park Mixed-Use
For Sale
$2,690,000
4087-4095 N Andrews Ave, Oakland Park, FL 33309
Mixed-use property with retail and residential units in Oakland Park.
Property Size9,188 SF
Price / SF$292.77
Days on Market140
Property Features for 4087-4095 N Andrews Ave
General Information
Standard status
Active
Size
9,188 SF
Listing Agency:
Beachfront Realty Inc
Listed By:
Gustavo Galindo · License #3310039
(305) 405-0615
Source:
Mymiahomes
Added: May 20
Changed: Oct 5
Last Checked: Oct 5 at 10:12PM
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 Beachfront Realty Inc
Investment Insights
Based on property information with market context.
This mixed-use property in Oakland Park presents an investment opportunity, featuring three retail storefronts and seven residential apartment units. The property is fully leased, offering immediate cash flow. Future rent adjustments may provide upside potential. The location offers visibility and frontage along N Andrews Ave, with traffic exposure and access to I-95, Downtown Fort Lauderdale, Wilton Manors, and surrounding redevelopment areas. The property includes 22 parking spaces and B-1 zoning. The location is on a corner. The bike score is 74, indicating it is very bikeable. The walk score is 84, indicating it is very walkable. The transit score is 38, indicating some transit options are available.
Key Highlights
- Fully leased mixed‑use property with diversified income.
- Immediate cash flow with strong upside potential.
- Excellent visibility and frontage on N Andrews Ave.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$158,493
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,169,860
$3.2M
Cap Rate 7%
$2,264,186
$2.3M
Cap Rate 9%
$1,761,033
$1.8M
Market Conditions
NOI Build-Up for 9,188 SF
Gross rent
$275.6K $30.00/SF
− Vacancy
−$22.1K −$2.40/SF
EGI
$253.6K $27.60/SF
− OpEx
−$95.1K −$10.35/SF
NOI
$158.5K $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%
$3,169,860
Cap Rate 7%
$2,264,186
Cap Rate 9%
$1,761,033
Alternative Uses
Best Use
Mixed Use
$2.26M
$1.98M – $2.64M
NOI $158,493 @ 7.0% cap · market cap 5.89%
Second Best
Retail
$2.22M
$1.94M – $2.59M
NOI $155,362 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$4.66M
$4.08M – $5.44M
NOI $326,302 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail and residential units in Oakland Park.
Where is this mixed-use property located?
The property is located at 4087-4095 N Andrews Ave Oakland Park, FL.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: Fully leased mixed‑use property with diversified income.; Immediate cash flow with strong upside potential.; Excellent visibility and frontage on N Andrews Ave.
