
$1,300,000
Commercial for Sale, 355 NW 32nd St 1-6, Oakland Park, Florida 33309
- MLS#A11978741
Listed By Fausto Commercial Realty Consultants Inc
The Commercial Property for Sale located at 355 NW 32nd St 1-6, Oakland Park, Florida 33309 is currently for sale.
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 1-6, Oakland Park, Florida 33309
Property features
Lot/Land
- Land/Lot size:
1,282 m² (13,800 ft²)
Construction
- Year built: 1965
- Roofing: Shingle
- Construction: Concrete/Block
Heating and Cooling
- Cooling System: Central AC
Utilities
- Other utilities: Public