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Oakland Park Multi-Tenant Commercial Property

4800 N Dixie Hwy, Oakland Park, FL 33334

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For Sale

$3,500,000

Value-add commercial property in Oakland Park with repositioning potential.

Type:Commercial

Property size:

16,546 SF

Lot size:

0.68 Acres

Price / SF:

$211/SF

HighLights

Prime location on a major commercial corridor (N Dixie Hwy) with additional frontage on NE 48th St.
Value‑add potential with in‑place rents estimated at 60‑70% of market value.
Near‑term repositioning opportunity due to short‑term leases (2 years or less) and month‑to‑month tenants.
Strong walkScore of 84 indicating a very walkable location.
Recently completed 40‑Year Certification.
Located in the desirable and supply‑constrained Broward market of Oakland Park.

We can help!

Listing Contact

David Simonetta

Learn more

For Sale

$3,500,000

Value-add commercial property in Oakland Park with repositioning potential.

Type:Commercial

Property size:

16,546 SF

Lot size:

0.68 Acres

Price / SF:

$211/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 4:01 pm

Property Features for 4800 N Dixie Hwy

General Information

Standard status: Active
Size: 16,546 SF
Lot size: 0.68 Acres
Property subtype: Commercial

Building Details

Year Built: 1973

We can help!

Listing Contact

David Simonetta

Listing agent David Simonetta License #3306180

Listing office The Agency Florida LLC

Listing date Apr 24, 2026

Source Elliman

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 The Agency Florida LLC

HighLights

Prime location on a major commercial corridor (N Dixie Hwy) with additional frontage on NE 48th St.
Value‑add potential with in‑place rents estimated at 60‑70% of market value.
Near‑term repositioning opportunity due to short‑term leases (2 years or less) and month‑to‑month tenants.
Strong walkScore of 84 indicating a very walkable location.
Recently completed 40‑Year Certification.
Located in the desirable and supply‑constrained Broward market of Oakland Park.

Overview

This multi-tenant commercial property is located at 4800–4832 N Dixie Hwy in Oakland Park, with additional frontage along 931–951 NE 48th St. The property totals approximately 16,546 square feet on approximately 0.68 acres. It offers strong visibility along a major commercial corridor. The current gross income is approximately $252,000 annually, with an estimated in-place NOI of $165,000. In-place rents are estimated at 60 to 70% of market, offering value-add potential. All leases have two years or less remaining, with a few tenants on Month-to-Month agreements, allowing near-term repositioning. The building completed its 40-Year Certification within the last two years. The property is suitable for investors, owner users, or 1031 buyers seeking upside in a supply-constrained Broward market. The location has a bike score of 74, indicating it is very bikeable, a walk score of 84, indicating it is very walkable, and a transit score of 38, indicating some transit options are available.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$436.8k	$26.40
− Vacancy	−$37.1k	−$2.24
EGI	$399.7k	$24.16
− OpEx	−$119.9k	−$7.25
NOI	$279.8k	$16.91

16,546 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$4.00M

$3.50M – $4.66M (±1% cap)

NOI $279,780 @ 7.0% cap · market cap 7.99%

Second Best

—

no second resolved use

Theoretical Best

Office A

$8.39M

$7.35M – $9.79M (±1% cap)

NOI $587,614 @ 7.0% cap · market cap 16.79%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Location Insight

Map
Local Demand

City: Oakland Park
County: Broward
State: Florida
Longitude: -80.1342736
Latitude: 26.1864532

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For sale
Strip malls
FL
Oakland Park
33334
4800 N Dixie Hwy

What type of property is this?

Strip mall - Value-add commercial property in Oakland Park with repositioning potential.

Where is this strip mall located?

The property is located at 4800 N Dixie Hwy Oakland Park, FL.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Prime location on a major commercial corridor (N Dixie Hwy) with additional frontage on NE 48th St.; Value‑add potential with in‑place rents estimated at 60‑70% of market value.; Near‑term repositioning opportunity due to short‑term leases (2 years or less) and month‑to‑month tenants.