4800 N Dixie Highway

Description:

Well-located multi-tenant commercial property at 48004832 N Dixie Hwy, with additional frontage along 931951 NE 48th St, in Oakland Park. The property totals approximately 16,546 SF on 0.68+/- acres with strong visibility along a major commercial corridor. In-place rents are estimated at 60 to 70% of market, offering clear value-add potential. All leases have two years or less remaining, with a few tenants Month-to-Month, allowing near-term repositioning. Current gross income is approximately $252,000 annually, with an estimated in-place NOI of $165,000. The building completed its 40-Year Certification within the last two years. Ideal for investors, owner users, or 1031 buyers seeking upside in a supply-constrained Broward market. Oakland Park is hot... (see supplement for full remarks) Well-located multi-tenant commercial property at 48004832 N Dixie Hwy, with additional frontage along 931951 NE 48th St, in Oakland Park. The property totals approximately 16,546 SF on 0.68+/- acres with strong visibility along a major commercial corridor. In-place rents are estimated at 60 to 70% of market, offering clear value-add potential. All leases have two years or less remaining, with a few tenants Month-to-Month, allowing near-term repositioning. Current gross income is approximately $252,000 annually, with an estimated in-place NOI of $165,000. The building completed its 40-Year Certification within the last two years. Ideal for investors, owner users, or 1031 buyers seeking upside in a supply-constrained Broward market. Oakland Park is hot, and this property has tons of upside.

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Listing ID: 20251219154038540999000000