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312-322 NE 38th Street, Oakland Park FL 33334

Commercial Active With Contract
$1,450,000

BTC: 22.24608776

ETH: 762.09897826

-$250K (2026/07/08)
72 days
0 room(s)

Overview

Value-add retail strip center located in the heart of Oakland Park's rapidly growing NE 38th Street corridor. 5,562 SF building with 6 tenants including a restaurant, laundromat, retail stores, and tax office. Current rents are significantly below market, offering approximately $44,000/year in upside potential. Recent capital improvements totaling $191,000 include a full roof replacement, new electrical, and new plumbing. Two units are month-to-month providing immediate flexibility for a new owner. Property sits within Oakland Park's Downtown Redevelopment Area — one of Broward County's most active urban growth corridors. All measurements approximate; buyer to verify.

Location

Florida • Oakland Park • 33334 • Commercial • Active With Contract

Details

Type:
Commercial Sale
Parking:
Free Parking
Year Built:
1979
Lot:
0.29 Acres
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C / Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,350,000
$856K – $2.4M
Confidence Low
List vs. estimate
$100K above estimate
List $1,450,000 · +7.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$21,652
2025
Parking
20 spaces
All facts and features

  • Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

    • Central Air

  • Parking

    • Free Parking

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 494222040020

    • Zoning: B-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Utility

    • Cable Available

    • Electricity Available

    • Phone Available

    • Water Available

  • Other financial information

    • Annual tax amount: $21,652

  • Source details

    • MLS ID: B26025801

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / Less Than 1 Acre

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33334
276
median $647K
Active
Same city
Oakland Park
394
median $427K
Active
Same type
Commercial
24
median $1.3M
Active
Similar price
$1.0M – $1.9M
19
median $1.3M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Canvas Real Estate