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311 E Prospect Rd 1,743 SF Retail Building Oakland Park, FL 33334 $1,503,810 CAD ($862.77 CAD/SF)
Investment Highlights
- Central Business District ~ High Visibility ~ 1 mile from Interstate
- Retail/Office/2nd Flr Residential ~ Easily Restorable to (4) Units ~ (4) Meters
- Updated Well-Built Free-Standing 2-Story ~ Flexible Use Zoning
Executive Summary
Free Standing 2-Story Building on Prospect Rd in Central Oakland Park Business District. (1) mile to Expressway with Flexible B-2 Zoning (Permitted Uses List Attached). Mixed-Use Property currently set up as Two Units easily restored to 4 (4 meters)! Owner/User or Investment. 2nd Floor Residential Allowed! NEWER IMPACT WINDOWS/DOORS, ROOF, AC & ELECTRIC..Super Well-Built Concrete Commercial Property! Current Owner occupies entire building and will vacate prior to closing. (Survey Attached).
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$10,766
|
$6.18
|
| Operating Expenses |
$6,836
|
$3.92
|
| Total Expenses |
$17,601
|
$10.10
|
Financial Summary (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $10,766 |
| Annual Per SF | $6.18 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,836 |
| Annual Per SF | $3.92 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $17,601 |
| Annual Per SF | $10.10 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
1,743 SF
Building Class
C
Year Built
1988
Price
$1,503,810 CAD
Price Per SF
$862.77 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.13 AC
Zoning
B-2 - Flexible General Business Zoning ~ See attached Oakland Park List of Permitted Uses
Frontage
55’ on 44TH ST
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-42-15-03-4350 | Total Assessment | $559,748 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Annual Taxes | $10,766 CAD ($6.18 CAD/SF) |
| Improvements Assessment | $0 CAD (2026) | Tax Year | 2024 |
Property Taxes
Parcel Number
49-42-15-03-4350
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$559,748 CAD (2026)
Annual Taxes
$10,766 CAD ($6.18 CAD/SF)
Tax Year
2024
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311 E Prospect Rd
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