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

$1,700,000

Virtual Tour

https://www.propertypanorama.com/312322-NE-38th-Street-Oakland-Park-FL/unbranded

Property Type: Commercial Sale Square Footage: 5,562 Status: Active

Current Price: $1,700,000 List Date: 5/08/2026 Last Modified: 6/18/2026

Overview

Description

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.

Listing Details MLS# B26025801

General Property Information

Property Sub Type: Retail
Number Of Units Total: 6
Building Area Main: 5562
Building Area Source: Public Records
Adjusted Area Main: 5562
Year Built: 1979
Parking Total: 20
Lot Size Area: 12702
Lot Size Acres: 0.29
Accessibility Features YN: Yes
Stories Total: Yes

Property Features

Business Type: Convenience Store; Laundromat; Restaurant; Retail Documents Available: Copy Of Lease(s); Deed Electric: Separate Meters Heating: Central Individual Parking Features: Free Possession: Subject To Tenant Rights Property Condition: Resale Special Listing Conditions: Standard Construction Materials: CBS Cooling: Central Air Listing Terms: Cash; Conventional Roof: Flat Security Features: Closed Circuit Camera(s); None Sewer: Public Sewer Utilities: Cable Connected; Electricity Connected; Phone Connected; Water Connected Water Source: Public Showing Requirements: Occupied Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1700000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service

Location and Legal

Country: United States
County Or Parish: Broward
Street Number: 312-322
Street Direction Prefix: NE
Street Name: 38th
Street Suffix: Street
Municipality Type: Incorporated
State Or Province: FL
Postal Code: 33334
Postal Code +4: 2225
Area: 3450
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number: 494222040020
Subdivision Number: 4
Zoning: B-1
Flood Zone: AE
Property Description: STORE

Financial Information

Tax Annual Amount: 21652.04
Tax Year: 2025
Tax Assessed/SOH Value: 833140
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
Assessor Market Value: 946350

Status Change Information

Major Change Timestamp: 2026-05-08T05:25:27Z
Major Change Type: New Listing
Status Change Date: 2026-05-08

More Information

Distance To Information

Miles to Beach: 4
Miles to Expressway: Yes

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 6
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Water Meters: 4

Originating Details

Originating System Key: 20260508042513612602000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

Separate Meters: Yes

Parking Features

Free: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Copy Of Lease(s): Yes
Deed: Yes
Photos: Yes

Possession

Subject To Tenant Rights: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Phone Connected: Yes
Water Connected: Yes

Business Type

Convenience Store: Yes
Laundromat: Yes
Restaurant: Yes
Retail: Yes

Heating

Central Individual: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Flat: Yes

Security Features

Closed Circuit Camera(s): Yes
None: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

Occupied: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Canvas Real Estate

Last Updated: June - 18 - 2026

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312-322 NE 38th Street, Oakland Park, FL (MLS# B26025801)