Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5174 NE 6Th Ave, Unit 529 Oakland Park, FL 33334

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,500 /Mo

    Cozy 1 bed, 1 bath condo near the beach.

    Building Details

    Year built
    1978

    We can help!

    Listing Contact
    Alicia Alvarado Castillo
    Source: Elliman

    Listing Agent: Alicia Alvarado Castillo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Oakland Park Condo For Rent

    This is a cozy 1-bedroom, 1-bathroom condo available for rent. Located on the 2nd floor, the unit features granite countertops, stainless steel appliances, and travertine tile flooring. One assigned parking space is included, with additional guest parking available. Community amenities include laundry facilities, a BBQ grill, a picnic table, and an exercise and fitness room. The property is situated approximately 3 miles from the beach and is close to shops, restaurants, and I-95. The property is ready for immediate move-in.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.1374705
    Latitude
    26.190307

    Nearby Similar for Lease

    • $4,500 /Mo

      Oakland Park Storefront/Warehouse For Rent

      Storefront/warehouse in high-traffic Oakland Park location, ideal for various businesses.
      4500 N Dixie Hwy, Oakland Park, FL 33334
      View Details
    • $7,207 /Mo

      Oakland Park Medical Space Available

      3110 sq ft space in Blue Cloud Surgery Center.
      4650 N Dixie Hwy, Oakland Park, FL 33334
      View Details
    • $18 SF/Yr
      33,977 SF

      Oakland Park Industrial Space Available

      Renovated industrial building with cross-dock, easy access to I-95.
      3901 NE 5Th Ter, Oakland Park, FL 33334
      View Details
    • $17 SF/Yr
      3,650 SF

      Lauderdale Lakes Industrial Park Space

      Industrial park with flexible spaces, excellent access, and security.
      2731-2754 NW 30Th Ave, Oakland Park, FL 33311
      View Details
    • $18 SF/Yr

      Retail Strip Center For Lease

      Retail spaces available in busy neighborhood shopping center.
      3720 N Andrews Ave, Oakland Park, FL 33309
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Busy Center

      Retail space available in a well-maintained, high-traffic shopping center.
      5055-5065 Dixie Hwy, Oakland Park, FL 33334
      View Details
    • $22 SF/Yr

      Industrial Warehouse with Retail Component

      Small bay industrial warehouse with retail and showroom components.
      4750 N Dixie Hwy, Oakland Park, FL 33334
      View Details
    • Contact for pricing
      12,215 SF

      Retail Space in Busy Center

      Retail space available in a well-maintained, high-traffic shopping center.
      801-891 E Commercial Blvd, Oakland Park, FL
      View Details
    • $28 SF/Yr
      1,300 SF

      East Oakland Park Retail Space

      Remodeled 1,300 SF retail space on East Oakland Park Boulevard.
      79-199 E Oakland Park Blvd, Oakland Park, FL
      View Details
    • $45 SF/Yr
      916 SF

      Retail Building on Prospect Road

      916 SF retail building with high visibility and signage.
      321 NE 44 St, Oakland Park, FL
      View Details
    • $30 SF/Yr
      74,442 SF

      Oaklyn Office: Prime Broward Location

      74,442 SF Office Space, Flexible Layouts
      3101 Federal Hwy, Oakland Park, FL 33306
      View Details
    • Contact for pricing
      2,100 SF

      Retail Space in Busy Center

      Retail space available in a well-maintained, high-traffic shopping center.
      969-1009 E Commercial Blvd, Oakland Park, FL
      View Details

    FAQs

    What type of property is this?
    Apartment building - Cozy 1 bed, 1 bath condo near the beach.
    Where is this apartment building located?
    The property is located at 5174 NE 6Th Ave, Unit 529 Oakland Park, FL.
    What are key features of this property?
    This property features: - Move-in ready 1 bed/1 bath condo.; - Granite countertops and stainless steel appliances.; - Community amenities include laundry facilities, BBQ grill, picnic table, and exercise/fitness room.
    (954) 615-2180
    Request Owner's contact information
    5174 NE 6Th Ave, Unit 529 Oakland Park, FL 33334
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5174 NE 6Th Ave, Unit 529
    Oakland Park, FL 33334
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5174 NE 6Th Ave, Unit 529 Oakland Park, FL 33334
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alicia Alvarado Castillo
    (954) 615-2180
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.