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355 NW 32nd St # 6, Oakland Park FL 33309

Commercial For Sale
$1,300,000

BTC: 20.63492063

ETH: 744.55899198

84 days
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1965
Lot:
13800 Square Feet
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,745,000
$1.0M – $2.0M
Confidence Low
List vs. estimate
$445K below estimate
List $1,300,000 · -25.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Lot

    • Lot: 13800 Square Feet

    Other Property Information

    • Parcel Number: 494222230060

    • Zoning: R-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A11978741

    Other facts

    • Construction Materials: Concrete Block Construction

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc