370 44th St, Oakland Park, FL 33334-1444
- Office buildings
- 1,654 SF
- 0.13 lot acres
Current Use by Public Records
- Office buildings
Property Details for 370 44th St
- Year built
- 1965
- Construction
- CONCRETE
- Lot size
- 0.13 lot acres
- Zone code
- B-2
- Property type
- Office buildings
- APN
- 49-42-22-16-0200
- APU
- 494222160200
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 21, 2023 | $470,000 | G A M E Investments INC | Juan Gomez | Warranty Deed | — |
| Mar 4, 2022 | $200,000 | Jcg Of The City Beautiful LLC | Restoration Construction LLC | Warranty Deed | — |
| Aug 15, 2019 | $165,000 | Restoration Construction LLC | Glynn,paul F | Warranty Deed | — |
Description
This exceptional 1,654 square foot commercial property, located at 370 NE 44th St in Oakland Park, Florida, presents a compelling investment opportunity. Built in 1965, this single-story building is ideally suited for both owner-occupiers and investors seeking a foothold in the vibrant Oakland Park market. The property boasts a flexible B2 zoning classification, allowing for a diverse range of professional office or retail uses. Its strategic location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the area. The asking price is $550,000. The property's size and zoning make it a versatile option for various business ventures. A potential short-term sale leaseback arrangement may be available, providing added flexibility for prospective buyers. This is a rare opportunity to acquire a well-situated commercial property in a thriving Florida community. The property's address is 33334, Broward County, Florida. The building's single-story design offers convenient access and functionality. Serious inquiries are encouraged to explore this promising investment.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $720,000
- ML approach
- $585,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $845,000
- 6.5%
- $780,000
- 7%
- $725,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $757,000
- AI Estimate
- $548,000
Market price range: $440k - $783kMarket price range: $300k - $681k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $635,000 Current use
- COMMERCIAL (GENERAL)
- $855,000 Change: +35% Conversion: Easy
- MEDICAL BUILDING
- $770,000 Change: +21% Conversion: Easy
- RETAIL STORES
- $655,000 Change: +3% Conversion: Moderate
- WAREHOUSE, STORAGE
- $610,000 Change: -4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Oakland Park
- County
- Broward
- State
- Florida
- Longitude
- -80.1418
- Latitude
- 26.1811
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
