
$1,300,000 USD
Apartment for Sale, 355 NW 32nd St, Oakland Park, Florida 33309
- MLS#A11978734
305 m² (3,287 ft²)
Listed By Fausto Commercial Realty Consultants Inc
The Apartment for Sale located at 355 NW 32nd St, Oakland Park, Florida 33309 is currently for sale. 355 NW 32nd St, Oakland Park, Florida 33309 is listed for $1,300,000.
Property features
Property
- Property size:
305 m² (3,287 ft²) - Location: WaterfrontSubdivision
Construction
- Year built: 1965
- Roofing: Shingle
- Construction: Detached
Interior Features
- Floors: Vinyl
Heating and Cooling
- Heating system: Central
- Cooling system: Central AC
Utilities
- Other utilities: Public Sewer
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.
Location
355 NW 32nd St, Oakland Park, Florida 33309