$1,300,000

Quadruplex In Oakland Park

  • 3,287 Sqft
  • Updated: May 11
  • Source:
    MIAMI REALTORS MLS  MLS#A11978734

About the Property

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 $93,40
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.
  • Property type

    Other

  • Floors

    1

  • Year built

    1965

  • Price/sqft

    $395

Features

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355 NW 32nd St, Fort Lauderdale, Florida, United States View on Google Maps
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Fausto Commercial Realty Consultants Inc - Miami

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Fausto Commercial Realty Consultants Inc - Miami
Florida, United States
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26
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2025
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Fausto Commercial Realty Consultants Inc - Miami
Miami, Florida, United States
View agency profile
Last updated
May 11
First listed
Mar 12
Listing reference
A11978734
Listing status
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