5299 NE 12th Ave Oakland Park, FL $ 2,180,000
5299 NE 12th Ave
$ 2,180,000
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5299 NE 12th Ave

Oakland Park, FL, 33334
$ 2,180,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,765

5299 NE 12th Ave, Oakland Park, FL 33334 - Image 1
5299 NE 12th Ave, Oakland Park, FL 33334 - Image 2
5299 NE 12th Ave, Oakland Park, FL 33334 - Image 3
5299 NE 12th Ave, Oakland Park, FL 33334 - Image 4
5299 NE 12th Ave, Oakland Park, FL 33334 - Image 5
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5299 NE 12th Ave, Oakland Park, FL 33334 - Image 7
5299 NE 12th Ave, Oakland Park, FL 33334 - Image 8

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.

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Commercial Active

Price

$ 2,180,000

Property Type

Commercial

Taxes

$ 11,997

Style

Town/City

Oakland Park

County/Region

Broward

MLS | Web ID

A12072664

Features
General
Tenant Pays Exterior Maintenance Minor Interior Maintenance Taxes Trash Collection Water
Property Subtype Industrial
County Broward
Property Type Commercial Sale
Status Active
Directions 5299 NE 12th Avenue Oakland Park FL
City Oakland Park
Zoning Description B-3
MLS Area 3440
Lot Size Units Square Feet
Lot Size Square Feet 29175
Tax Annual Amount 11997
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12072664
Structure Type Industrial Other
Standard Status Active
Occupancy Type Tenant
Expected Active Date 2026-08-17
Legal Description G & R COMMERCIAL PARK 64-16 B LOT 13 THRU 15
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Interior
Total Baths 0
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Exterior
Lot Size Area 29175
Building Area Total 0
Covered Spaces 0
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* Excluded Features
List By
Upside Partner, Llc.

Broker

andrew@upsidecre.com

Email

Affordability Calculator

$14,764
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,765
Monthly Property Taxes
$1,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/17/2026$2,180,000 Listed Price

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5299 NE 12th Ave, Oakland Park, FL, 33334 is a Commercial Property for sale at $2,180,000. The property's zip code is 33334 which is in Oakland Park, FL