Address: 245-279 32nd Street Nw, Oakland Park, FL 33309
Description
IMPORTANT INFO: THIS IS A 3 PARCEL SALE TOTALING 12 UNITS. All units had NEW ROOFS installed in 2021!! All but 3 units have been updated in 2022 2023. Great rental history. Seller is offering an investor an excellent 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)
IMPORTANT INFO: THIS IS A 3 PARCEL SALE TOTALING 12 UNITS. All units had NEW ROOFS installed in 2021!! All but 3 units have been updated in 2022 2023. Great rental history. Seller is offering an investor an excellent 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)
Features
Building and Construction
Absolute Longitude: 80.148559
Construction: CBS
Exterior Features: None
Flooring: Vinyl Floor
Roof: Comp Shingle
Sqft Source: Tax Rolls
Sqft Total: 7000.00
Total Number Of Units: 12
Total Building Sqft: 6419.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212116581394000000
Land Information
Lot Description: < 1/4 Acre
Subdivision Information: None
Eco-Communities
Private Pool: No
Storm Protection Impact Glass: Partial
Waterfront Details: None
Utilities
Carport Spaces: 24.00
Cooling: Central
Heating: No Heat
Number Of Stories: 1.0
Separate Elec Meters: Yes
Separate Wtr Meters: No
Utilities: Public Sewer, Public Water
Finance and Tax Information
Home Owners Association poa coa Monthly: 0.00
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 160596.00
Income Expenses Annual Total Expense: 63048.00
Income Expenses Gross Operating Inc: 223644.00
Source Of Expenses: Other, Owner
Tax Year: 2023
Rental Information
Tenant Pays: Cable, Electric
Other Features
Avail Info: Investment Analysis
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: BOULEVARD VILLAS 60-6 B LOT 7 E1/2, LOT 1 E1/2 LESS S 149.82, THAT PT OF LOT 15 LYING E OF SLY EXT OF W/L OF E1/2 OF LOT 7
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