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$1,300,000
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.
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Contact agent
| Date | Event | Price |
|---|---|---|
| 2026-03-11T00:00:00.000Z | Listed for sale | $1,300,000$395/sqft |
Elior Levi
Fausto Commercial Realty Consultants Inc
Brokerage Phone: 786-748-7373
Source: Beaches MLS · MLS #A11978734
Data Powered by Home Junction, Inc.
SOMERSET ACADEMY VILLAGE CHARTER MIDDLE SCHOOL
High · 0.3 mi
SOMERSET VILLAGE ACADEMY
Elementary · 0.3 mi
LLOYD ESTATES ELEMENTARY SCHOOL
Elementary · 0.7 mi
Publix
0.2 mi
Little Indian Market
0.3 mi
Bravo Supermarket
0.3 mi
Real Estate Investor's Luncheon
0.3 mi
Vitamin Wholesalers
0.3 mi
El Rincon Boricua Restaurant
0.3 mi
Donn Eisele Park
0.3 mi
John D Easterlin Park
0.7 mi
Richard E Giusti Heart Park
0.8 mi
Hugh Taylor Birch State Park Beach
3.1 mi
Fort Lauderdale Beach
3.4 mi
Lauderdale-By-The-Sea Beach
3.9 mi
Nearby amenity locations include data © OpenStreetMap contributors.