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    Oakland Park Multi-Family Development Title is generated by Realmo AI

    1338 -1384 NE -1384 35th Street, Oakland Park, FL 33334

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    Claim this Listing
    For Sale
    $999,999

    MULTI_FAMILY - Oakland Park, FL

    Property size:
    3,156 SF
    Lot size:
    0.37 Acres
    Price / SF:
    $316/SF
    Added:
    Dec 1, 2025
    Days on Market:
    198
    Last Refresh:
    Jun 17 at 6:06 am

    Property Features for 1338 -1384 NE -1384 35th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-2
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1
    Patio and Porch features
    Porch
    Fencing
    Fenced
    Standard status
    Active
    APN
    494223031551
    Size
    3,156 SF
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    OAKLAND PARK FIRST ADD 2-38 B LOT 1 LESS S 8.50 LOT 2 LESS S 8.50 OF W 30,3 & 4 BLK 14
    Tax Annual Amount
    9630

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1947
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Wood
    Building materials
    Wood Siding
    Roof type
    Flat, Metal

    We can help!

    Listing Contact
    Christopher Fischer
    Christopher Fischer

    Listing agent Christopher Fischer License #3491171

    Listing office Serhant 3390 Mary Street, Suite 116, New York, FL

    Listing date Dec 1, 2025

    MLS# F10539142 Listing URL

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4 parcels sold as 1 corner lot with 160' frontage and 100' depth
    • Includes 2 updated single‑family homes with modern kitchens, HVAC, new roof, tankless hot water, and impact windows
    • Property generates $63,000 in annual income
    • Central heating and central air, plus tankless hot water
    • Metal and flat roof with wood siding and wood flooring; fenced property with porch
    • Less than 400 yards to the future Brightline commuter train station; less than 2 miles to the beach

    Overview

    This property presents a multi-family and single-family development opportunity in the heart of emerging downtown Oakland Park, Florida, where over $400 million of development is underway. The property includes two updated single-family homes with old Florida charm, featuring modern kitchens, HVAC, roof, tankless hot water, and impact windows. The property is part of four parcels being sold as one corner lot with 160 feet of frontage and 100 feet of depth. The property generates $63,000 annually. The location offers walkability to shopping, restaurants, parks, and establishments, and is less than 400 yards away from the future Brightline commuter train station slated for the area. It is less than 2 miles to the beach and less than a mile from Wilton Manors' famous Wilton Drive. The property is zoned R-2 and has a property size of 3,156 square feet.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $79.5k $25.20
    − Vacancy −$4.4k −$1.39
    EGI $75.2k $23.81
    − OpEx −$22.5k −$7.14
    NOI $52.6k $16.67
    3,156 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $751.6K
    $657.6K – $876.8K (±1% cap)
    NOI $52,610 @ 7.0% cap · market cap 5.26%
    Second Best
    Apartment 5plus
    $693.4K
    $606.7K – $809.0K (±1% cap)
    NOI $48,537 @ 7.0% cap · market cap 4.85%
    Theoretical Best
    Office A
    $1.60M
    $1.40M – $1.87M (±1% cap)
    NOI $112,082 @ 7.0% cap · market cap 11.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.12907
    Latitude
    26.171305

    FAQs

    What type of property is this?
    Duplex - Multi-family and single-family development opportunity in Oakland Park, Florida.
    Where is this duplex located?
    The property is located at 1338 -1384 NE -1384 35th Street Oakland Park, FL.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: 4 parcels sold as 1 corner lot with 160' frontage and 100' depth; Includes 2 updated single‑family homes with modern kitchens, HVAC, new roof, tankless hot water, and impact windows; Property generates $63,000 in annual income
    More about this property
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