About This Property

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.

Key Features

• 13,800 SquareFeet Lot
• Built in 1965

Property Details

• Type: Single Family Home
• Year Built: 1965
• Lot Size: 13,800 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 13,800 SquareFeet Lot
• Feature: Built in 1965
• Status: Active
• MLS Number: 1155030770
• Days on Market: 232
• Listed By: Fausto Commercial Realty Consultants Inc · Elior Levi
• Zip Code: 33309