355 NW 32nd Street, Oakland Park, FL 33309 (MLS# A11978734)

355 NW 32nd Street, Oakland Park, FL 33309

$1,300,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11978734

Property Type: Residential Income Square Footage: 3,287 Status: Active

Current Price: $1,300,000 List Date: 3/11/2026 Last Modified: 9/24/2026

Overview

Description

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.

Listing Details MLS# A11978734

General Property Information

Number Of Units Total: Yes
Property Sub Type: Quadruplex
Building Area Main: 3287
Living Area Main: 3287
Adjusted Area Main: 3287
Year Built: 1965
Parking Total: 8
Waterfront YN: Yes
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Other Available Information; Rent Rolls Flooring: Vinyl; Other Property Condition: Resale Structure Type: Multi Family Construction Materials: Block; Other Cooling: Central Air Heating: Central; Separate Meters Listing Terms: Cash; Conventional; Other Possession: Negotiable Roof: Shingle; Other Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available Waterfront Features: Canal Front Showing Requirements: Call Listing Agent Unit 1 Parking Features: Open Parking

Contract Information

Comp Sale YN: No
Original List Price: 1300000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 355
Street Direction Prefix: NW
Street Name: 32nd
Street Suffix: Street
City Name: Oakland Park
State Or Province: FL
Postal Code: 33309
Postal Code +4: 6012
Postal Zip: 33309
Subdivision Name: BOULEVARD VILLAS
Area: 3720
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Elementary School: Lloyd Estates
Middle Or Junior School: James S. Rickards
High School: Northeast
Parcel Number: 494222230060
Subdivision Number: 23
Zoning: R-2
Flood Zone: AE

Financial Information

Tax Annual Amount: 19100
Tax Year: 2025
Tax Legal Description: BOULEVARD VILLAS 60-6 B LOT 6 N 24,LOT 13,LOT 14 W 100

Status Change Information

Major Change Timestamp: 2026-03-11T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-03-11

More Information

Income and Expenses

Gross Income: 10125

Unit 1 Details

Actual Rent: 10125
Baths Full: 6
Efficiency YN: No

Unit 1 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 395.49

Section Details

Parcel Number MLX: 0060

Originating Details

Originating System Key: 438698599
Originating System ID: M00000151

Listing Office: Fausto Commercial Realty Consultants Inc

Last Updated: September - 24 - 2026

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