Flex Space with
4380 NE 11th Avenue, Oakland Park, FL 33334
For Sale
New
Contact for pricing
A renovated office-and-warehouse layout includes private offices, a conference room, reception, and open work area.
Property Size5,331 SF
Lot Size0.23 Acres
Price / SF$0.00
Days on Market5
Property Features for 4380 NE 11th Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Three-Phase Power
Building Details
Year Built
Building Size
Listing Agency:
Sell It Realty, LLC.
Listed By:
Adi Gal · License #3230219
(754) 702-7234
Source:
Lehmannflorida
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 6 at 8:51AM
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 Sell It Realty, LLC.
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Investment Insights
Based on property information with market context.
This renovated, freestanding 5,331 SF flex property in Oakland Park was built in 1972 and occupies an approximately 10,000 SF lot. Its office area includes private offices, a conference room, reception space, an open work area, and two bathrooms. The warehouse component has two oversized roll-up doors, approximately 16-foot ceilings, and three-phase electrical service.
The property is zoned I-1 for light industrial use and is located near major roadways, with access throughout Broward County.
The property is zoned I-1 for light industrial use and is located near major roadways, with access throughout Broward County.
Key Highlights
- Freestanding 5,331 SF flex property on an approximately 10,000 SF lot
- Renovated office area with private offices, conference room, reception, open workspace, and two bathrooms
- Warehouse with two oversized roll‑up doors and approximately 16‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,552
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,040
$1.2M
Cap Rate 7%
$822,171
$822.2K
Cap Rate 9%
$639,467
$639.5K
Market Conditions
NOI Build-Up for 5,331 SF
Gross rent
$87.0K $16.32/SF
− Vacancy
−$4.8K −$0.90/SF
EGI
$82.2K $15.42/SF
− OpEx
−$24.7K −$4.63/SF
NOI
$57.6K $10.80/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,151,040
Cap Rate 7%
$822,171
Cap Rate 9%
$639,467
Alternative Uses
Best Use
Flex RnD
$1.68M
$1.47M – $1.95M
NOI $117,261 @ 7.0% cap · market cap 488,587.50%
Second Best
Warehouse
$998.3K
$873.6K – $1.16M
NOI $69,884 @ 7.0% cap · market cap 291,183.33%
Theoretical Best
Office A
$2.70M
$2.37M – $3.16M
NOI $189,325 @ 7.0% cap · market cap 788,854.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
2,675
Businesses Nearby
Balanced
Demand for This Use
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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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Market
Properties on Market for Flex space in Oakland Park
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- 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
- Island Palate 2GO — 4072 NE 5th Terrace, Oakland Park, FL 33334
- Fly Guys Catering — 4072 NE 5th Terrace, Oakland Park, FL 33334
Frequently Asked Questions
What type of property is this?
Flex space - A renovated office-and-warehouse layout includes private offices, a conference room, reception, and open work area.
Where is this flex space located?
The property is located at 4380 NE 11th Avenue Oakland Park, FL.
What are key features of this property?
This property features: Freestanding 5,331 SF flex property on an approximately 10,000 SF lot; Renovated office area with private offices, conference room, reception, open workspace, and two bathrooms; Warehouse with two oversized roll‑up doors and approximately 16‑foot ceilings
