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355 NW 32nd St # 6, Oakland Park FL 33309 | Broward County | A11978741
  • $1,300,000

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
  • Zip/Postal Code: 33309

Details

Updated on June 8, 2026 at 3:20 am
  • Property ID A11978741
  • Price $1,300,000
  • Year Built 1965
  • Property Status Active

Additional details

  • StreetDirPrefix NW
  • LivingAreaUnits Square Feet
  • PhotosCount 17
  • MIAMIRE_SubdivisionNumber 23
  • ViewYN No
  • Cooling Central Individual A/C
  • MIAMIRE_NARRulesYN Yes
  • HeatingYN Yes
  • ListingKeyNumeric 438702776
  • AssociationYN No
  • MlsStatus Active
  • StreetNumber 355
  • ListingKey 8416ff369e4f3898056cac1773b4bdfd
  • MIAMIRE_AddressInternetDisplay 355 NW 32nd St 1-6
  • Roof Shingle
  • PoolPrivateYN No
  • ListingTerms All Cash, Conventional/Refinance
  • Possession Funding
  • WaterfrontYN No
  • InternetAddressDisplayYN Yes
  • WaterSource Public
  • StreetNumberNumeric 355
  • PostalCodePlus4 6012
  • NumberOfUnitsInCommunity 6
  • Heating Central Individual A/C
  • MIAMIRE_Area 3720
  • ListingAgreement Exclusive Right To Sell
  • ListingId A11978741
  • BuildingAreaUnits Square Feet
  • InternetEntireListingDisplayYN Yes
  • InternetAutomatedValuationDisplayYN Yes
  • ConstructionMaterials Concrete Block Construction
  • InternetConsumerCommentYN Yes
  • BuildingAreaTotal 3287
  • CoolingYN Yes
  • LotSizeUnits Square Feet
  • ListingContractDate 2026-03-11
  • Zoning R-2
  • BusinessType Apartments
  • StateOrProvince FL
  • SignOnPropertyYN No
  • IDXParticipationYN Yes
  • HorseYN No
  • UnitNumber 1-6
  • LeasableAreaUnits Square Feet
  • Sewer Public Sanitation
  • 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.
  • MIAMIRE_FloodZone AE
  • NewConstructionYN No
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  • MIAMIRE_OkToAdvertiseList No
  • LotSizeSquareFeet 13800
  • UnparsedAddress 355 NW 32nd St # 6, Oakland Park FL 33309
  • MIAMIRE_Blogging Yes
  • FeedTypes IDX

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