250 44th St, Oakland Park, FL 33334-1442
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Oakland Park, FLOakland Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.