Corner-Lot
1099 NE 35th Street, Oakland Park, FL 33334
For Sale
$1,299,000
Four two-bedroom, one-bathroom units share an on-site laundry room.
Property Size3,858 SF
Lot Size0.31 Acres
Price / SF$336.70
Days on Market120
Property Features for 1099 NE 35th Street
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
common laundry room
Building Details
Building Size
Year Built
Listing Agency:
RE/MAX Consultants Realty 1
Listed By:
Aurel C Bumbu · License FL #0610631
(954) 401-6048
Source:
Irgflorida
Added: Jul 13
Changed: Nov 8
Last Checked: Nov 9 at 4:25PM
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 RE/MAX Consultants Realty 1
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1985, the 3,858-square-foot quadplex contains four units, each with two bedrooms and one bathroom. A shared laundry room serves the property, which occupies a 13,485-square-foot corner lot.
The property is a few blocks from the new City of Oakland Park headquarters.
The property is a few blocks from the new City of Oakland Park headquarters.
Key Highlights
- Four units, each configured with two bedrooms and one bathroom
- 3,858‑square‑foot building on a 13,485‑square‑foot corner lot
- Shared laundry room on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,953
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,179,060
$1.2M
Cap Rate 7%
$842,186
$842.2K
Cap Rate 9%
$655,033
$655.0K
Market Conditions
NOI Build-Up for 3,858 SF
Gross rent
$113.4K $29.40/SF
− Vacancy
−$6.2K −$1.62/SF
EGI
$107.2K $27.78/SF
− OpEx
−$48.2K −$12.50/SF
NOI
$59.0K $15.28/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,179,060
Cap Rate 7%
$842,186
Cap Rate 9%
$655,033
Alternative Uses
Best Use
Apartment 5plus
$842.2K
$736.9K – $982.6K
NOI $58,953 @ 7.0% cap · market cap 4.54%
Second Best
Multifamily LT 5
$647.1K
$566.2K – $754.9K
NOI $45,294 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $137,013 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,719
Businesses Nearby
Explore this area
Business Placement
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
$430,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Broward County, FL
Properties on Market for Quadplexes in Broward County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom, one-bathroom units share an on-site laundry room.
Where is this quadplex located?
The property is located at 1099 NE 35th Street Oakland Park, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Four units, each configured with two bedrooms and one bathroom; 3,858‑square‑foot building on a 13,485‑square‑foot corner lot; Shared laundry room on site
