Property Description

Excellent opportunity to acquire a 6-unit multifamily property in Oakland Park, ideally located east of U.S. Route 1. The property features a desirable unit mix consisting of four 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio, appealing to a broad tenant base. The property currently generates nearly $10,000 per month in rental income with a Net Operating Income (NOI) of $93,405. All tenants are on month-to-month leases, offering immediate upside through potential rent increases to market rates. Strategically located just minutes from Fort Lauderdale Beach, I-95, and Fort Lauderdale–Hollywood International Airport, the property benefits from strong rental demand in a highly desirable east-of-US-1 location. This is an excellent opportunity for investors seeking stable cash flow with significant value-add potential.

Features
Heating System
Cooling System
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Broward
City:
Oakland Park
Zipcode:
33309
Street:
355 Nw 32nd St 1-6, Oakland Park, Florida 33309
Longitude:
W81° 52' 4.8''
Latitude:
N26° 10' 20.3''
MLS Addon
Building Area:
3,287 Sqft
Construction Materials:
Block
Cumulative DOM:
1
DOM:
1
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional, Other
Parcel Number:
494222230060
Structure Type:
Apartment
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Commercial Sale For Sale

355 Nw 32nd St 1-6, Oakland Park, Florida 33309, Oakland Park, Florida 33309

13,800 Sqft
$1,300,000
MLS # #A11978741
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$1,300,000
Year Built :
1965
Lot Area :
13,800 Sqft
MLS # :
A11978741
Property Sub Type :
Multi Family
Agent info
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