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    548 32nd St Oakland Park, FL 33334-2134
    Property profile & analytics

    548 32nd St, Oakland Park, FL 33334-2134

    View on Map

    • Warehouses
    • 1,464 SF
    • 0.13 lot acres
    Off-Market
    Last Sale Oct 9, 2024
    $600,000
    Property ID
    US18-4203392
    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.

    Value Estimations
    $520,000
    Show details
    Cap Rate Potential
    6.3%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 548 32nd St

    Year built
    1956
    Construction
    CONCRETE
    Lot size
    0.13 lot acres
    Zone code
    B-3
    Property type
    Warehouses
    APN
    49-42-23-05-5910
    APU
    494223055910

    Description

    This exceptional investment opportunity presents a 2,584 square foot flex space in Oakland Park, Florida. The property, located at 548 NE 32nd St, 33334, features two separate structures situated on a gated 0.13-acre (5,712 square foot) lot with B3 zoning. The property boasts ample parking and a parapet wall ideal for signage. Its convenient location offers easy access to major transportation arteries, including I-95 and US-1, less than two miles away. The site is also just one block north of E Oakland Park Blvd and five blocks from Dixie Highway. This location benefits from its proximity to Oakland Park's Downtown Core and Central Business District, and is poised for growth with over 1,000 new residential units planned within a one-mile radius over the next two years. Currently occupied by a month-to-month tenant, this property presents a fantastic owner-user opportunity or the potential to increase rental income to market rates. The net rentable square footage is 2,854 square feet. The asking price is $700,000 with a gross lease type and single tenancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $390,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $405,000
      6.5%
      $375,000
      7%
      $345,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $330,000
      Market price range: $110k - $364k
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $540,000
      Current use
      COMMERCIAL (GENERAL)
      $760,000
      Change: +41% Conversion: Difficult
      MEDICAL BUILDING
      $680,000
      Change: +27% Conversion: Difficult
      RETAIL STORES
      $580,000
      Change: +7% Conversion: Moderate
      OFFICE BUILDING
      $560,000
      Change: +4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.1395
    Latitude
    26.1673
    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
    $6,606
    $51,410
    $239,500
    $290,910
    -
    $51,410
    $239,500
    $290,910
    More about this property
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