Well-located multi-tenant commercial property at 4800-4832 N Dixie Hwy, with additional frontage along 931-951 NE 48th St, in Oakland Park. The property totals approximately 16,546 SF on 0.68± acres with strong visibility along a major commercial corridor. In-place rents are estimated at 60 to 70% of market, offering clear value-add potential. All leases have two years or less remaining, with a few tenants Month-to-Month, allowing near-term repositioning. Current gross income is approximately $252,000 annually, with an estimated in-place NOI of $165,000. The building completed its 40-Year Certification within the last two years. Ideal for investors, owner users, or 1031 buyers seeking upside in a supply-constrained Broward market. Oakland Park is hot, and this property has tons of upside.
| MLS # | F10541821 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1973 |
| Days On Site | 255 |
| Listing Provided By | The Agency Florida LLC | David Simonetta |
| SQ Feet | 16,285 |
|---|---|
| Building(s) | 2 |
| Zoning | B-3 |
| Acreage | 0.69 |
| Parking Features | Common |
|---|
| Tax Annual Amount | 45057 |
|---|
| Community Features | Shopping |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Oakland Park |
| Zip Code | 33334 |
| Area | 3360 |
| Listing VS Median (in 33334) | |
Price: $3,500,000 low | high Med: $239,900 sqft: 16,285 low | high Med: 614 $ / sqft: $215 low | high Med: $391 On site: 255 low | high Med: 114 | |
| State | FL |
|---|---|
| County | Broward |
| City | Oakland Park |
| Zip Code | 33334 |
| Area | 3360 |
| Listing VS Median (in 33334) | |
Price: $3,500,000 low | high Med: $239,900 sqft: 16,285 low | high Med: 614 $ / sqft: $215 low | high Med: $391 On site: 255 low | high Med: 114 | |