Income/MultiFamily in Oakland Park
$1,300,000
Listing courtesy of Fausto Commercial Realty Consultants Inc; Elior Levi. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Income/MultiFamily, Commercial Sale
Details
Overview
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.
This income/multifamily home located at 355 NW 32nd St # 6, Oakland Park FL 33309 is currently for sale and has been available on Brickellsold for 138 days. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1965. 355 NW 32nd St # 6, Oakland Park FL 33309 is in Oakland Park county Broward County.
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Property
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Construction
- Year Built: 1965
Community & HOA
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