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$2,180,000 Just Listed

  • For Sale
  • Active
  • Industrial
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Upside Partners, LLC is pleased to exclusively present a rare opportunity to acquire a net-leased income property backed by one of the strongest credit profiles in commercial real estate: a Florida municipality rated 'AA'. The City of Oakland Park has 100% leased the subject site at 5299 NE 12th Avenue under a five-year absolute net lease commenced February 1, 2025, with three (3) two-year renewal options and contractual 4% annual rent escalations. The investment thesis is built on two pillars: (1) the City's AA credit - stronger than the vast majority of corporate net-lease tenants, including Walgreens (BBB), CVS (BBB), Dollar General (BBB), and on par with select cities like New York, Miami and Dallas; and (2) the underlying real estate - a 29,175 SF B-3 commercial-industrial parcel in one of South Florida's most supply-constrained infill industrial corridors, providing meaningful residual value protection should the income stream ever end.

Full Property Details for 5299 NE 12th Ave

General

  • Price: $2,180,000
  • Taxes: $11,997
  • Status: Active
  • Type: Industrial
  • Source: Greater_Miami
  • MLS ID: A12072664
  • Updated: 8/17/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Industrial, Other Type

Location

  • County: Broward County
  • Driving Directions: 5299 NE 12th Avenue, Oakland Park, FL

Structural Information

  • Structure Type: Industrial
  • Detached/Attached: Detached

Lot Features

  • Lot Size (Sq. Ft.): 29,175
  • Zoning: B-3

Financial Considerations

  • Operating Expenses: $11,093
  • Tax Amount: $11,997
  • Tenant Pays: Exterior Maintenance, Interior Maintenance, Real Estate Tax, Trash Collection, Water

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: G & R COMMERCIAL PARK 64-16 B LOT 13 THRU 15
  • Property ID: 494214200100

Listed by Upside Partner, LLC.

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Listing agent

— 5299 NE 12th Ave —

  • Upside Partner, LLC.

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5299 NE 12th Ave

School District:Broward County School District
NameGradesDistance
Floranada Elementary School
5251 Northeast 14th Way, Fort Lauderdale, FL 33334
K-50.2 mi
James S. Rickards Middle School
6000 Northeast 9th Avenue, Oakland Park, FL 33334
6-80.7 mi
Northeast High School, Oakland Park, FL
700 Ne 56th St, Oakland Park, FL 33334
9-120.4 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 5299 NE 12th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/17/2026
Listed
$2,180,000
475.81%
MLS
10/31/2024
Sold
$378,600
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5299 NE 12th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,997
4%
$505,460
10%
2024
$11,556
9%
$459,510
15%
2023
$10,584
8%
$401,160
—
2021
$9,765
-7%
$401,160
—
2022
$10,496
7%
$401,160
11%
2021
$9,765
11%
$360,460
3%
2019
$8,786
11%
$348,370
10%
2018
$7,947
-2%
$316,700
—
2017
$8,079
-2%
$316,700
—
2016
$8,251
-2%
$316,700
—
2015
$8,436
1%
$316,700
—
2014
$8,338
-1%
$316,700
—
2013
$8,451
—
$316,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Upside Partner, LLC.

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5299 NE 12th Ave, Oakland Park, FL 33334 (MLS# A12072664) is a Industrial property. 5299 NE 12th Ave is currently listed for $2,180,000 and was received on August 17, 2026. Want to learn more about 5299 NE 12th Ave? Do you have questions about finding other Industrial real estate for sale in Oakland Park? You can browse all Oakland Park real estate or contact a Coldwell Banker agent to request more information.

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