355 Nw 32nd St, Oakland Park, FL 33309
- $1,300,000
- 3,287
- SqFt
- List Price
- $1,300,000
- MLS#
- A11978734
- Sq. Ft
- 3,287
- Subtype
- Quadruplex
- County
- Broward
- Community
- Boulevard Villas
- Subdivision
- Boulevard Villas
- Year Built
- 1965
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.
/u.realgeeks.media/bobrickregroup/header.png)
Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 1
- Construction
- Concrete Block Construction, Other
- Cooling
- Central Air
- Flooring
- Other, Vinyl
- Heating
- Central
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Other, Shingle
- Taxes
- $19,100
- Total Floors
- 1
- Waterfront
- Yes
- Stories
- 1
- Roofing
- Other, Shingle
- Price Per Sqft
- $395
Mortgage Calculator
Listing Courtesy Of Fausto Commercial Realty Consultants Inc, Contact: