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    Property profile & analytics

    5299 12th Ave Oakland Park, FL 33334-4920

    • Parking lots & garages
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Last Sale
    Nov 06, 2024
    $378,600
    Location Intelligence
    Property ID
    US18-3120767
    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.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 5299 12th Ave

    Year built
    1973
    Lot size
    0.67 lot acres
    Zone code
    B-3
    Property type
    Parking lots & garages
    APN
    49-42-14-20-0100
    APU
    494214200100

    Description

    This exceptional 29,175-square-foot flex space, situated on a 0.67-acre lot in Oakland Park, Florida, presents a compelling investment opportunity. The property boasts a prime location in Broward County, enjoying high visibility with 56,000 vehicles passing daily on Commercial Boulevard. Zoned B-3 (Commercial-Industrial), this single-tenant property offers immediate occupancy. The fenced lot includes two secure ingress/egress gates, and electricity and lighting are already installed. Permitted uses include industrial outdoor storage, vehicle storage, and parking. Its strategic location provides convenient access to major transportation arteries: Federal Highway (1 mile), I-95 (1.25 miles), and the Florida Turnpike (4.8 miles). Lease price is available upon request. This property is ideal for businesses seeking a versatile and well-located industrial space with immediate availability. The property's features and location combine to create a strong value proposition for discerning investors. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $380,000

    • CAP approach

      CAP return
      Estimation
      6%
      $500,000
      6.5%
      $490,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $495,000
      Mixed-Use
      $445,000
      Hospitality
      $445,000
      Educational
      $415,000
      Residential Income
      $490,000
      Energy
      $420,000
      Income-Based Land
      $400,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.1316
    Latitude
    26.1923
    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
    $10,584
    $350,100
    $51,060
    $401,160
    -
    $350,100
    $51,060
    $401,160

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      33rd St

      PARKING LOT • 0.17 Acres
      33rd St, Oakland Park, FL 33334
      View Details
    • Value Estimation by Request
      0.13 Acres

      33rd St

      PARKING LOT • 0.13 Acres
      33rd St, Oakland Park, FL 33334
      View Details
    • Value Estimation by Request
      0.07 Acres

      3476 11th Ave

      PARKING LOT • 0.07 Acres
      3476 11th Ave, Fort Lauderdale, FL 33334
      View Details
    • Value Estimation by Request
      6,550 SF

      3700 12th Ave

      PARKING LOT • 6,550 SF
      3700 12th Ave, Oakland Park, FL 33334
      View Details
    • Value Estimation by Request
      0.09 Acres

      60th St

      PARKING LOT • 0.09 Acres
      60th St, Fort Lauderdale, FL 33334
      View Details
    • Value Estimation
      $220,000
      0.40 Acres

      12th Ave

      PARKING LOT • 0.40 Acres
      12th Ave, Oakland Park, FL 33334
      View Details

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    Similar Nearby for Lease

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    • $2,800 /Mo
      Pending

      Versatile Mixed-Use Space Available

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    5299 12th Ave
    Oakland Park, FL 33334-4920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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