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Updated Mid-Century Income Unit
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1085 NE 34th St #3 Unit 3, Oakland Park, FL 33334

Two-bedroom, one-bath unit with preserved character, modern finishes, impact windows, and a private entrance.

Property Size600 SF
Price / SF$3.21
Days on Market55

Property Features for 1085 NE 34th St #3 Unit 3

General Information

Standard status Active
Size 600 SF
Property subtype Multi-Unit

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Amenities

private entrance
on-site washer and dryer
Lot Size Square Feet: 5500
Asphalt Roof
Percentage of Tax that is Deductable: 0
Vinyl Floor
Rental, Sale Type: Foreclosure, Availability Date: 2026-09-03
2 Bedrooms
Built in 1964, Community Pets Allowed
Subdivision Name: Oakland Park Second Add
Above Area Square Feet: 600
One Full Bath
Water Source: Municipal
Dishwasher, Microwave

Building Details

Year Built 1964
Listing Agency: Compass Florida, LLC
Listed By: Tina Raineri · License #3239451
Source: Doyle-realty
Added: Sep 2 Changed: Oct 25 Last Checked: Oct 24 at 6:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 600 SF residential income unit was built in 1964 and combines mid-century character with contemporary updates. The two-bedroom, one-bath layout includes impact windows and doors, a private entrance, and an on-site washer and dryer. Original design elements remain part of the unit’s presentation alongside refreshed finishes.

Located at 1085 NE 34th St in Oakland Park, the property is positioned in a walkable setting near restaurants, coffee shops, shopping, parks, and everyday conveniences. The unit is also associated with Oakland Park Elementary School, James S. Rickards Middle School, and Northeast High School within the Broward County School District.

Key Highlights

  • 600 SF two‑bedroom, one‑bath residential income unit
  • Built in 1964 with mid‑century character and updated finishes
  • Impact windows and doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,228
Suggested Prices Based on Cap Rates
Cap Rate 5%
$184,560 $184.6K
Cap Rate 7%
$131,829 $131.8K
Cap Rate 9%
$102,533 $102.5K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$17.6K $29.28/SF
− Vacancy
−$791 −$1.32/SF
EGI
$16.8K $27.96/SF
− OpEx
−$7.5K −$12.58/SF
NOI
$9.2K $15.38/SF
Area
Broward County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$184,560
Cap Rate 7%
$131,829
Cap Rate 9%
$102,533

Alternative Uses

Best Use
Apartment 5plus
$131.8K
$115.4K – $153.8K (±1% cap)
NOI $9,228 @ 7.0% cap · market cap 479.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.4K
$266.4K – $355.1K (±1% cap)
NOI $21,308 @ 7.0% cap · market cap 1,106.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,440
Businesses Nearby

Demographics for 33334, FL

30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom, one-bath unit with preserved character, modern finishes, impact windows, and a private entrance.
Where is this residential income property located?
The property is located at 1085 NE 34th St #3 Unit 3 Oakland Park, FL.
What are key features of this property?
This property features: 600 SF two‑bedroom, one‑bath residential income unit; Built in 1964 with mid‑century character and updated finishes; Impact windows and doors
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