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Property profile

250 NE 44Th St Oakland Park, FL 33334

Retail residential properties
Property ID
US18-3384355
View Sample
3,521 SF 0.27 ac lot Built 1971
Entity Owned 1-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional investment opportunity presents a turnkey auto facility ideally situated at 250 NE 44th Street, Oakland Park, Florida, 33334. The property encompasses a 17,400 square foot lot (APN: 49-42-22-16-0100, 49-42-22-16-0090) zoned B-2 General Business, offering significant potential. The main building, totaling 3,975 square feet, features a 3,340 square foot auto repair shop on the ground floor and two residential units, each a one-bedroom, one-bathroom apartment (780 sq ft each), on the second floor. An additional 635 square foot auto shed/garage provides further functionality. Currently generating income, with 100% commercial occupancy and 50% residential occupancy, this property boasts high visibility due to its frontage on Prospect Road, a thoroughfare with 22,500 vehicles passing daily. The property is offered at $1.98 million, presenting a compelling return on investment. This is a rare opportunity to acquire a well-established, income-producing property in a prime Oakland Park location. The property consists of two units on a 17,400 sq ft lot, offering a blend of commercial and residential use. This mixed-use property is ready for immediate operation.

Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1971
Construction CONCRETE
Total area 3,521 SF
Lot 0.27 ac (11,600 SF)
Zoning code B-2
APN 49-42-22-16-0100
UPID US18-3384355

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.29M
CAP Approach CAP
$830k
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.11M

Owner & transaction history

since 2025
Last sale
$1.0M
6 recorded transactions
2025
$20,100
2025
Price N/A
2021
$1.0M
2020
Price N/A
2018
$450,000
1969
Price N/A

Zoning & alternative use

B-2 · Oakland Park, FL
Zoning description

The B-2 General Business District is intended to apply to certain arterial streets where business establishments may be located to serve large sections of the city and adjacent areas. Such businesses need a conspicuous a…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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