355 NW 32nd St, Oakland Park, FL 33309

About This Home

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

Flooring

Other, Vinyl

Heating

Central

Cooling

Central Air

Architectural Style

Detached

Building & Association

Building Name

BOULEVARD VILLAS

Stories

1

Stories Total

1

Association

No

Lot & Construction

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

New Construction

No

Public Records

Parcel Number

494222230060

Tax Annual Amount

$19,100

Tax Year

2,025

Zoning

R-2

County Or Parish

Broward County

Location