355 NW 32nd St, Oakland Park FL 33309

Description of 355 NW 32nd St, Oakland Park FL 33309

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 Details for 355 NW 32nd St, Oakland Park FL 33309

Flooring

Other, Vinyl

Heating

Central

Cooling

Central Air

Architectural Style

Detached

Pool Private

No

Year Built Details

Resale

Building Information for 355 NW 32nd St, Oakland Park FL 33309

Building Name

BOULEVARD VILLAS

Building Area Total

3287

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Property Information for 355 NW 32nd St, Oakland Park FL 33309

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

0

Waterfront

Yes

Waterfront Features

Canal Front

View

No

Construction Materials

Concrete Block Construction, Other

Roof

Other, Shingle

Sewer

Public Sewer

New Construction

No

Public Records for 355 NW 32nd St, Oakland Park FL 33309

Parcel Number

494222230060

Tax Annual Amount

$19,100

Tax Year

2,025

Tax Legal Description

BOULEVARD VILLAS 60-6 B LOT 6 N 24,LOT 13,LOT 14 W 100

Zoning

R-2

County Or Parish

Broward County

Location