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.
- Heating System
- Cooling System
- Roof:
- Shingle
- Sewer
- 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''
- 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
- Virtual Tour:
- Click Here
Commercial Sale For Sale
355 Nw 32nd St 1-6, Oakland Park, Florida 33309, Oakland Park, Florida 33309
- 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
