Retail in 312-322 NE 38th Street, Oakland Park, FL for sale with MLS# B26025801
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.
312-322 NE 38th Street, Oakland Park, FL
- Price:
- $1,450,000.00
- Original List Price:
- $1,700,000.00
- Listing Type:
- For Sale
- Status:
- Active Under Contract (An offer has been accepted, considering Backup Offers)
- Contingency:
- Active Under Contract
- Special Sale Conditions:
- Standard
- Business Type:
- Restaurant, Retail, Convenience Store, Laundromat
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- July 17, 2026 10:27 pm
- Built-Up Area:
- 5,562 Sqft
- Building Area Source:
- Public Records
- Lot Size Acres:
- 0.29
- Security:
- Closed Circuit Camera(s), None
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central Individual
- Year Built:
- 1979
- Roof:
- Flat
- Number of Units Total:
- 6
- Construction Materials:
- CBS
- Number of stories:
- 1
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Tax Annual Amount:
- $21,652.04
- Tax Year:
- 2025
- Tax Assessed Value:
- $833,140.00
- Parking Total Spaces:
- 20
- Parking Features:
- Free
- Sewer:
- Public Sewer
- Electric:
- Separate Meters
- Utilities Available:
- Electricity Connected, Water Connected, Cable Connected, Phone Connected
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Deed, Photos, Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Subject To Tenant Rights
- Negotiable Seller Concessions
- Tax Legal Description:
- EVELYN VILLAS 12-1 B PT LOTS 11 THRU 15 DESC AS COMM AT NW COR OF NW1/4,OF NE1/4 OF SE1/4 OF 22-49-42,ELY 224.93,SLY 30 TO POB,SLY 127.08,WL
- Real Estate Folio Number (Parcel Number):
- 494222040020
- Zoning:
- B-1
- Active on the market since:
- May 8, 2026
- Listing Agreement executed on:
- May 6, 2026
- Purchase Contract Date:
- July 17, 2026
- Price change occurred on:
- July 8, 2026 3:25 am
- Listing Status Last Changed On:
- July 17, 2026 10:27 pm
- Photos updated on:
- June 15, 2026 1:51 pm
- Last Modified:
- August 5, 2026 9:47 am
- Courtesy of:
- Canvas Real Estate
- Attribution:
- Not provided
- Street Name:
- 38th
- Street Number:
- 312-322
- City:
- Oakland Park
- State:
- Florida
- County:
- Broward
- Latitude:
- N26° 10' 25.7''
- Longitude:
- W81° 51' 28.5''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE
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