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$2,295,000   Price Analysis
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245-279 NW 32nd St
Oakland Park, FL 33309
4 bed 4 bath 6,419 SqFt ($357/SqFt)
0.63 acre lot. Built 1976
Listed 2024-05-25
Ⓧ USDA Ineligible
due to price & location

near Oakland Park

IMPORTANT INFO: THIS IS A 3 PARCEL SALE TOTALING 12 UNITS.

* Sale Pending *

All units had CONTEMPORARY ROOFS installed in 2021!! All but 3 units have been updated in 2022-2023. Great rental histry. Seller is offering an investor an excellen t stabilized multifamily property in the highly desirable Oakland Park area of Fort Lauderdale. The building is currently 100% occupied with an opportunity for an investor to raise the below market rents to increase income.

In addition, the property offers the opportunity to convert units to increase the cash flow or transition the property into an AirBNB and thus increasing income even greater. Close to 95, Restaurants, Grocery Stores, Shops and the Beach. 4 (Studios) 7 (One Bedrooms) 1 (Two Bedroom)


Presented by Cole Leavitt at
Cpre Organization Inc.
Listing Agent Photo

Property MLS #RX-10990586 from BeachesMLSFlex

Bedrooms: 4

Cooling Features: Central
Heating Features: No Heat

Full Bathrooms: 4

Flooring: Vinyl Floor

Carport Features: 24.00
Carport Spaces: 24

Lot Description: < 1/4 Acre
Lot Size Acres: 0.6333792
Lot Size Square Feet: 27590

View: Garden

Association: No
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 0

Gross Income: 223644.00
Tenant Pays: Cable, Electric

Number of Units: 12
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Description: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator
Unit-3 Description: Unit 3 Desc: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator
Unit-4 Description: A/C Unit, Electric Meter, Kitchen, Range - Electric, Refrigerator
Unit-1 Furnished Description: No
Unit-2 Furnished Description: No
Unit-4 Furnished Description: No
Unit-1 Square Feet: 550
Unit-2 Square Feet: 550
Unit-3 Square Feet: 550
Unit-4 Square Feet: 550

Annual Tax Amount: 29500.00
Source Listing Status: Pending
County: Broward
Tax Year: 2023
Restrictions: No Pets
Source Property Type: Residential Income
Area: 3270
List Development Name: COJO Villas
Source Neighborhood: BOULEVARD VILLAS
Subdivision: BOULEVARD VILLAS
Zoning: MF
Property Subtype: Quad Plex
Source System Name: C2C

Listed 2024-05-25
$2,295,000
BeachesMLSFlex

Net Operating Income: 160596.00
Operating Expense: 63048.00

Total Square Feet Living: 6419
Year Built: 1976
Construction Materials: CBS
Living Area Source: Tax Rolls
Property Age: 48
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 1.0
Structure Type: Quadruplex
Total Area Sqft: 7000
Year Built Details: Resale

Electric: Yes
Public Sewer
Public Water
Water Source: Public Water

Lloyd Estates Elementary School is a public elementary school located approximately 0.7 miles away.
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Northeast High School is a public high school located approximately 2 miles away.
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James S. Rickards Middle School is a public middle school located approximately 2.5 miles away.
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Care and Share Uxbridge Christian Academy is a private elementary school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.