For Sale
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Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Oakland Park market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Oakland Park, FLThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Oakland Park, FL.
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Find the owner behind the property.
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