1500 Commercial Blvd Oakland Park, FL 33334-5751
Property profile & analytics
1500 Commercial Blvd Oakland Park, FL 33334-5751
- Retail space
- 9,619 SF
- 0.23 lot acres
Property ID
US19-0178405
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 1500 Commercial Blvd
- Year built
- 1964
- Construction
- CONCRETE
- Lot size
- 0.23 lot acres
- Property size
- 9,619 SF
- Zone code
- B-1
- Property type
- Retail space
- APN
- 49-42-14-12-1410
- APU
- 494214121410
Description
This exceptional 9,616 square foot freestanding retail storefront in Oakland Park, Florida, presents a compelling investment opportunity. Located at 1500 Commercial Boulevard, this two-story building boasts 18-foot ceilings and sits on a sizable 10,161 square foot corner lot. Its prime location between Federal Highway and North Dixie Highway ensures high visibility, with over 50,000 vehicles passing daily. The property features ample private parking, a significant advantage in this high-traffic area. Currently operating as a successful furniture retail/wholesale business generating over $100,000 in monthly revenue, and including $300,000 in inventory, this property offers immediate income potential. The building was constructed in 1964 and is zoned for commercial use. Attractive financing options are available for qualified buyers: 80% seller financing at 6% interest only for four years with only 20% down payment required. A strong NNN tenant is prepared to sign a new 3+3 year lease at closing, providing a 7% cap rate. This property is ideal for both investors seeking strong returns and owner-users looking for a high-visibility location in a thriving market. The property's Broward County address is 33334.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,770,000
- ML approach
- $2,485,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,855,000
- 6.5%
- $2,635,000
- 7%
- $2,450,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,800,000 Current use
- OFFICE BUILDING
- $3,690,000 Change: -3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oakland Park
- County
- Broward
- State
- Florida
- Longitude
- -80.1284
- Latitude
- 26.1886
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,366
$142,250
$1,656,320
$1,798,570
-
$142,250
$1,656,320
$1,798,570
