355 NW 32nd Street, Oakland Park, FL 33309
Listing Snapshot
| List Price | $1,300,000 |
| Price / Sq Ft | $395 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 3,287 sqft |
| Year Built | 1965 |
| Property Tax | $19,100/yr |
| MLS # | 1155031952 |
| Status | Active |
| Days on Market | 81 |
About This Home
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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Quadruplex
- Stories
- 1
- Parking Spaces
- 8
- Zoning
- R-2
- Utilities
- CableNotAvailable
- Subdivision
- BOULEVARD VILLAS
Interior Features
- Flooring
- Other,Vinyl
- Heating
- Central,SeparateMeters
- Cooling
- CentralAir
Exterior Features
- Construction
- Block,Other
- Roof
- Other,Shingle
- Pool
- No
- Waterfront
- Yes
- Waterfront Features
- CanalFront
Community Features
- MLS Area
- 3720
Schools
Map
Virtual Tour
View Virtual TourMLS# 1155031952 · BEACH
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Estimate Your Payment
20% down · Loan: $1,040,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.