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.

Address

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Address: 32nd St
City: Oakland Park
State/county: Broward County
Zip/Postal Code: 33309
Area: BOULEVARD VILLAS

Details

Updated on March 17, 2026 at 2:29 am

Property ID A11978734
Price $1,300,000
Property Size 3287 Square Feet
Year Built 1965
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 3287
BuildingAreaUnits Square Feet
BuildingName BOULEVARD VILLAS
ConstructionMaterials Concrete Block Construction, Other
ContractStatusChangeDate 2026-03-11
Cooling Central Air
DaysOnMarket 5
DocumentsAvailable Other Available Information, Rent Rolls
ExpirationDate 2026-08-08
Flooring Other, Vinyl
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 954-743-7594
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Boulevard Villas
MajorChangeTimestamp March 12, 2026 at 03:27am
MajorChangeType New
MlsStatus Active
ModificationTimestamp March 16, 2026 at 05:13pm
NumberOfUnitsInCommunity 1
NumberOfUnitsTotal 6
OnMarketDate 2026-03-11
OriginalEntryTimestamp March 12, 2026 at 03:27am
OriginalListPrice 1300000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 494222230060
ParkingTotal 8
PhotosChangeTimestamp March 16, 2026 at 05:18pm
PhotosCount 19
Possession Funding
PostalCodePlus4 6012
PriceChangeTimestamp March 8, 2026 at 12:16pm
PublicSurveyRange 49
PublicSurveySection 22
PublicSurveyTownship 49
RentIncludes Other Rent Incl
Roof Other, Shingle
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 438698599
StateOrProvince FL
StatusChangeTimestamp March 12, 2026 at 03:27am
Stories 1
StoriesTotal 1
StreetDirPrefix NW
StreetName 32nd St
StreetNumber 355
StreetNumberNumeric 355
StructureType Quadruplex, Fourplex
SyndicationRemarks 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.
TaxAnnualAmount 19100
TaxLegalDescription BOULEVARD VILLAS 60-6 B LOT 6 N 24, LOT 13, LOT 14 W 100
TaxYear 2025
WaterfrontFeatures Canal Front
YearBuiltDetails Resale
Zoning R-2