Opportunity Zone Mixed-Use Investment | Oakland Park, FLLocated within a designated Opportunity Zone, this two-story, 3,975 SF freestanding mixed-use building sits on a ±17,400 SF site in the heart of Oakland Park. The property features 1,680 SF of ground-floor commercial space, two residential units on the second floor, and a ±635 SF detached garage. With approximately 145 feet of high-visibility frontage along Prospect Road and immediate proximity to I-95, the asset benefits from excellent exposure, access, and tenant demand drivers.Zoned B-2 (General Business), the property supports a broad range of commercial and mixed-use configurations. Notably, the site benefits from a grandfathered auto-related entitlement, providing a rare operational advantage that enhances current income stability and optionality. The existing improvements offer in-place cash flow, while the oversized land area and zoning allow for meaningful value-add or redevelopment upside.By-Right Development & Expansion Potential (B-2 Zoning)2-3 stories8-14 residential unitsOptional 2,500-5,000 SF ground-floor commercial100% market-rate (no affordability requirement)Opportunity Zone Investment HighlightsDeferral of eligible capital gains invested into the projectTax-free appreciation upon sale after a 10-year holdNo affordability covenants or rent restrictionsFlexibility for refinance or exit at Year 10+
| MLS # | A11857338 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 379 |
| Listing Provided By | RE/MAX 5 Star Realty | John DeMarco |
| SQ Feet | 3,521 |
|---|---|
| Zoning | B-2 |
| Acreage | 0.27 |
| Tax Annual Amount | 19732 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Oakland Park |
| Zip Code | 33334 |
| Area | 3450 |
| Listing VS Median (in 33334) | |
Price: $1,980,000 low | high Med: $244,950 sqft: 3,521 low | high Med: 758 $ / sqft: $562 low | high Med: $335 On site: 379 low | high Med: 150.5 | |
| State | FL |
|---|---|
| County | Broward |
| City | Oakland Park |
| Zip Code | 33334 |
| Area | 3450 |
| Listing VS Median (in 33334) | |
Price: $1,980,000 low | high Med: $244,950 sqft: 3,521 low | high Med: 758 $ / sqft: $562 low | high Med: $335 On site: 379 low | high Med: 150.5 | |
![]() | $1,400,000400 Ne 44th StOakland Park, FL 33334 |
![]() | $1,400,000400 Ne 44th StreetOakland Park, FL 33334 |