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355 NW 32nd St, Oakland Park FL 33309

Multi-family For Sale
$1,300,000

BTC: 16.10904585

ETH: 541.66666667

165 days
Waterfront
0 room(s)
3,287 sqft

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:
Residential Income
Parking:
No Data
Year Built:
1965
Lot:
No Data
Heating:
Central
Price/sqft:
$395
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$955,000
$825K – $1.4M
Confidence Low
List vs. estimate
$345K above estimate
List $1,300,000 · +36.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$395
+0.4% vs. city median $393
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,100
2025
Waterfront
Canal Front
Parking
8 spaces
All facts and features
  • Flooring

    • Other

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 494222230060

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $19,100

  • Source details

    • MLS ID: A11978734

    Other facts

    • Construction Materials: Concrete Block Construction / Other

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Waterfront: Yes

    • Living Area: 3287

    • Subdivision Name: BOULEVARD VILLAS

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