Duplex with Updated Homes and Impact
For Sale
$999,999
1338 -1384 NE -1384 35th Street, Oakland Park, FL 33334
MULTI_FAMILY - Oakland Park, FL
Property Size3,156 SF
Price / SF$316.86
Days on Market246
Property Features for 1338 -1384 NE -1384 35th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3
Patio and Porch features
Porch
Fencing
Fenced
Subdivision
Oakland Park First Add 2-
Directions
Please use Google Maps
Standard status
Active
APN
494223031551
Size
3,156 SF
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
Legal 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
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
Listing Agency:
Serhant
(646) 480-7665
Listed By:
Christopher Fischer · License #3491171
(843) 421-9938
Added: Dec 1, 2025
Changed: Jul 31
Last Checked: Aug 4 at 2:06PM
MLS# F10539142
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.
Investment Insights
Based on property information with market context.
This duplex property includes two updated single-family homes with features aimed at modern comfort while keeping the “old Florida charm.” Interiors include modern kitchens, central heating and central air conditioning, and tankless hot water. The homes also have impact windows, updated HVAC, and an updated roof with a flat and metal roof configuration. A porch and fenced lot features add to everyday usability, and the property connects to public sewer with cable available.
The offering includes four parcels sold together as a corner lot with 160 feet of frontage and 100 feet of depth. Zoned R-2, the site provides a development-oriented footprint near everyday conveniences. It is described as being less than 400 yards from a future Brightline commuter train station, less than 2 miles to the beach, and less than a mile from Wilton Manors Wilton Drive.
Built in 1947 with wood siding and wood flooring, this property represents an established residential asset on a combined corner-lot configuration.
The offering includes four parcels sold together as a corner lot with 160 feet of frontage and 100 feet of depth. Zoned R-2, the site provides a development-oriented footprint near everyday conveniences. It is described as being less than 400 yards from a future Brightline commuter train station, less than 2 miles to the beach, and less than a mile from Wilton Manors Wilton Drive.
Built in 1947 with wood siding and wood flooring, this property represents an established residential asset on a combined corner-lot configuration.
Key Highlights
- Two updated single‑family homes with central HVAC, modern kitchens, and tankless hot water
- Impact windows and updated roof with flat and metal roof configuration
- Corner lot includes four parcels sold together: 160' frontage and 100' depth
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
NOI $52,610 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$693.4K
$606.7K – $809.0K
NOI $48,537 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,082 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R-2 duplex featuring updated single-family homes with central HVAC, tankless hot water, and impact windows.
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: Two updated single‑family homes with central HVAC, modern kitchens, and tankless hot water; Impact windows and updated roof with flat and metal roof configuration; Corner lot includes four parcels sold together: 160' frontage and 100' depth
