Positioned in the heart of Oakland Park’s vibrant Culinary Arts District, the retail center at 3482–3498 NE 12th Avenue presents a rare off-market value-add opportunity in Fort Lauderdale. Spanning 19,470 square feet and fully leased, the property generates a net operating income of $414,910, with upside potential. Future growth is supported by nearby developments including the under-construction Sky Building (City Hall relocation, 136 apartments, 14,000 SF retail) and Horizon of Oakland Park (311 apartments, 20,700 SF commercial). With strong demographics average household income exceeding $130,000 within 3 miles and over 14,000 businesses in the area the property is well-positioned for long-term appreciation and tenant demand.
Sun-Sentinel refers to this area as the "Brooklyn of Broward"
With all the growth and planned retail, this is an ideal opportunity for a covered land play.
Value Add - Brewery lease is up for renewal in 2026 (currently under a covid rate)