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355 NW 32nd Street, Oakland Park, FL 33309

$1,300,000
Property Type: Residential Income Square Footage: 3,287 Status: Active
Current Price: $1,300,000 List Date: 3/11/2026 Last Modified: 7/27/2026

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
Estimated Monthly Assoc Recurring Fee
0

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

Office/Member Information

DXORIGMLSID
SEF

Flooring

Vinyl
Yes
Other
Yes

Property Condition

Resale
Yes

Documents Available

Other Available Information
Yes
Rent Rolls
Yes

Structure Type

Multi Family
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Not Available
Yes

Heating

Central
Yes
Separate Meters
Yes

Construction Materials

Block
Yes
Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Roof

Shingle
Yes
Other
Yes

Waterfront Features

Canal Front
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Unit 1 Parking Features

Open Parking
Yes
IDX
Listing Office: Fausto Commercial Realty Consultants Inc
Last Updated: July - 27 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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