Price reduced
Photo 1 of 19$1,300,000
For sale355 NW 32nd St, Oakland Park FL 33309
3,287 sq ftBuilt 1965MLS# A11978734
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About this property
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
- Waterfront
- Water view
Property details
- Property type
- Multi-family
- Year built
- 1965
- Living area
- 3,287 sq ft
- Price per sq ft
- $395
- Property taxes
- $19,100/yr
- Parking
- 8 spaces
- Building / community
- Boulevard Villas
- Status
- For sale
- MLS #
- A11978734
Location
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