312-322 NE 38th Street, Oakland Park, FL - Photo 1

1/1

$1,100,000

Sold
Closed
Commercial Service

1/1

Property 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.

Full Property Details

Full Property Details for 312-322 NE 38th St

General

Sold For: $1,100,000
Taxes: $21,652 (2025)
Status: Closed
Type: Commercial Service
Source: Regional
MLS ID: B26025801
Added to Site: 119 day(s) ago

Business

Business Type: Convenience Store, Laundromat, Restaurant, Retail

Additional Information

Security/Safety: Closed Circuit Camera(s), None

Parking

Total Spaces: 20
Parking Features: Free Parking

Location

County: Broward
Dist. to Freeway: 1

Community

Community Name: 3450

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Central, Individual

Utilities

Sewer: Public Sewer
Water: Multiple Meters, Public
Utility Description: Cable Connected, Electricity Connected, Phone Connected, Water Connected
# Water Meters: 4
# Electric Meters: 6

Structural Information

Construction: Block
Roof: Flat
Stories/Levels: 1
Building Size: 5562
Year Built: 1979
Property Condition: Resale

Lot Features

Lot Size (Acres): 0.29
Lot Features: 1/4 to 1/2 Acre Lot
Zoning: B-1

Financial Considerations

Assessment Amount: $833,140
Tax Amount: $21,652.04
Tax Year: 2025
Terms: Cash, Conventional

Disclosures and Reports

Special Conditions: Standard
Documents Avail.: Deed, Ground Photo, Lease
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
Disclosures/Rstr.: Owner Is Listing Agent
Property ID: 494222040020

Listed and Sold by Canvas Real Estate

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— 312-322 NE 38th St —

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Schools

Schools serving 312-322 NE 38th St

School District:Broward County School District

Name	Grades	Distance
Oakland Park Elementary School 936 Northeast 33rd Street, Oakland Park, FL 33334	PK-5	0.6 mi
James S. Rickards Middle School 6000 Northeast 9th Avenue, Oakland Park, FL 33334	6-8	2 mi
Northeast High School, Oakland Park, FL 700 Ne 56th St, Oakland Park, FL 33334	9-12	1.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 312-322 NE 38th St

Date

Details

Price

Change

Source

8/31/2026

Sold

$1,100,000

-24.14%

MLS

7/17/2026

Price Reduced

$1,450,000

-14.71%

MLS

5/08/2026

Listed

$1,700,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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312-322 NE 38th St, Oakland Park, FL - Photo 1

Sold

$1,100,000