luxury

$1,500,000

250 NE 44th Street, Oakland Park, FL 33334

Oakland Park, FL, 33334

— bd · — ba · 3,521 sqft

Listed by RE/MAX 5 Star Realty

Estimated monthly payment

$11,013/mo

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Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated monthly payment $11,013/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

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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+

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • Price reduced 24%

    The seller has come down from $1,980,000 to $1,500,000 — a $480,000 reduction since it came on the market.

  • 458 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Your costs (est.)

≈ $11,013/mo

250 NE 44th Street, Oakland Park, FL 33334 · Oakland Park

Location

250 NE 44th Street, Oakland Park, FL 33334

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Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995