About 355 Nw 32nd Street #1-6
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 of 355 Nw 32nd Street #1-6
| MLS® # | A11978741 |
|---|---|
| Price | $1,300,000 |
| Acres | 0.32 |
| Year Built | 1965 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 355 Nw 32nd Street #1-6 |
|---|---|
| Area | 3720 |
| City | Oakland Park |
| County | Broward |
| State | FL |
| Zip Code | 33309 |
| HOPA | No Hopa |
Interior
| Heating | Central Individual |
|---|---|
| Cooling | Central Individual |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Block |
Additional Information
| Zoning | R-2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|