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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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250 NE 44th St , Oakland Park, FL 33334
$1,750,000
Est. Payment: $3,888.89/mo
0 Bed
0 Bath
3521 Sqft
Status: Active | Days on site: 355
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House Description

Opportunity Zone Mixed-Use Investment | Oakland Park, FL Located 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 stories 8–14 residential units Optional 2,500–5,000 SF ground-floor commercial 100% market-rate (no affordability requirement) Opportunity Zone Investment Highlights Deferral of eligible capital gains invested into the project Tax-free appreciation upon sale after a 10-year hold No affordability covenants or rent restrictions Flexibility for refinance or exit at Year 10+

Highlights

Listed by John DeMarco , 954-453-1000 and Randall Sanz , 305-968-6238 RE/MAX 5 Star Realty , 954-361-0000.

Property Type

Commercial Sale

Lot/Acreage
0.27

Year Built

1971

County

Broward

Area

3450

Listing ID

A11857338

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:B-2
Principal Interest
$3,889
Taxes
$1,644

Home Price

$1,750,000

Loan Details

30 yrs
%

Down Payment

20%
$350,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,888.89 $1,644.33 $0.00 $5,533.22
Yearly $46,666.67 $19,732.00 $0.00 $66,398.67
Total $1,400,000.00 $591,960.00 $0.00 $1,991,960.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Oakland Park, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.