4087-4095 N Andrews Ave - Storefront Retail/Residential FOR SALE


Oakland Park, FL 33309
$2,690,000 USD
305-528-7984
4087-4095 N Andrews Ave, Oakland Park, FL for Sale
$2,690,000 USD
Storefront Retail/Residential - FOR SALE
1/15
null | 5.76% Cap Rate

4087-4095 N Andrews Ave
Oakland Park, FL 33309


HIGHLIGHTS

  • Fully occupied mixed-use property with three retail storefronts and seven apartment units.
  • Diversified income profile supports stability and reduces volatility.
  • Current rents below market levels, offering built-in value-add potential.
  • Excellent frontage and visibility on N Andrews Avenue in a regenerative submarket.
  • Price of $2,690,000 with a 5.76% CAP rate provides immediate cash flow.
  • Situated in a growth corridor experiencing residential and commercial revitalization.

OVERVIEW

Presenting a fully leased mixed-use investment opportunity in the rapidly evolving Oakland Park market. This property consists of three ground-floor retail spaces paired with seven residential units, providing a balanced and diversified revenue stream. With in-place leases across all units, the asset offers consistent cash flow and immediate income security. Several residential and commercial leases are positioned below current market rates, creating measurable upside for investors through strategic rent adjustments and lease restructuring. The property’s visibility along N Andrews Avenue enhances long-term desirability for retail tenancy while its multifamily component adds stability through residential demand—both benefiting from the area’s continued development momentum. Oakland Park is undergoing significant revitalization, driven by infrastructure improvements, lifestyle developments, and strong population trends. This location offers long-term value growth potential as redevelopment continues in and around the corridor. Investors gain a well-located property with attractive income performance today and opportunities for enhanced yield tomorrow.

FOR SALE DETAILS

PRICE

$2,690,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

5.76%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

CROSS STREETS

NW 41st St

LAND ACRES

0.51 AC

LAND SF

22,412 SF

ZONING

B-1

APN/PARCEL ID

49-42-22-08-2210

ASK ABOUT THIS PROPERTY

Ed RobertsBeachfront Realty Inc.More Info
305-528-7984

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Ed RobertsBeachfront Realty Inc.More Info
305-528-7984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.