Boulevard Villas
$1,300,000
355 NW 32nd St, Oakland Park, FL 33309
3,287 sqft
Building Size
1
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Other Available Information, Rent Rolls
- Architectural Style: Detached
- Cooling: Central Air
- Heating: Central
- Flooring: Other, Vinyl
- Construction Materials: Concrete Block Construction, Other
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
Gallery