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Homes for sale in Oakland Park
Income/MultiFamily

355 NW 32nd St # 6

Oakland Park, FL 33309
$1,300,000
Year built
1965

Listing courtesy of Elior Levi, Fausto Commercial Realty Consultants Inc

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.

Details

Property

Type
Income/MultiFamily
Year built
1965
Lot size
13,800 sq ft
County
Broward County
Flood zone
AE

Interior

Cooling
Central Individual A/C
Heating
Central Individual A/C

Exterior and parking

Construction
Concrete Block Construction
Roof
Shingle

Community and fees

Terms
All Cash, Conventional/Refinance

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 24, 2026.