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3450-3470 NW 17th Ter, Oakland Park, FL, 33309
Six-Unit Side-by-Side Villa Portfolio

3450-3470 NW 17th Ter Oakland Park, FL 33309

For Sale
$2,990,000

MULTI_FAMILY - Oakland Park, FL

Property Size11,652 SF
Price / SF$256.61
Days on Market87

Property Features for 3450-3470 NW 17th Ter

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1
Parking
12
Patio and Porch features
Deck
Exterior features
Balcony, Deck
Standard status
Active
APN
494221230115
Size
11,652 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
SEACREST ISLES 1 ADD 77-40 B ELY 36.73 LOT 12
Tax Annual Amount
10649

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Water front
1

Building Details

Year built
2007
Floors in Building
2
Building materials
Block
Roof type
Barrel
Listing Agency: United Realty Group Inc
Listed By: Alain Arwas · License #3209269
Added: Apr 30 Changed: Jul 25 Last Checked: Jul 25 at 7:06PM
MLS# A12001593

Copyright © 2026 Miami REALTORS®. 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.

For sale: a portfolio of six consecutively positioned, side-by-side residential villas offered as a single package at 3450–3470 NW 17th Ter in Oakland Park. All six homes were built in 2007 and include approximately 1,947 square feet of living area each, plus a garage. The floorplans feature 4 bedrooms and 2.5 baths, with 9-foot ceilings, a skylight over the staircase, and high-impact glass windows throughout. Kitchens include granite countertops, and the primary suite features a Roman tub. Each residence also has private balconies and patios with water views, along with its own electric and water meters and an individual folio number, with no HOA fees.

The homes are aligned in sequence on a quiet cul-de-sac setting. The property is described as being just moments from parks.

Key Highlights

  • Six consecutively positioned, side‑by‑side villas in Oakland Park (3450–3466 & 3470 NW 17 Terrace)
  • Built in 2007; each home offers 1,947 SF of living area plus a garage
  • Each residence features a 4‑bedroom, 2.5‑bath layout

Financial Insights For Apartment 5plus

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 $341.2k $29.28
− Vacancy −$15.4k −$1.32
EGI $325.8k $27.96
− OpEx −$146.6k −$12.58
NOI $179.2k $15.38
11,652 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$2.56M
$2.24M – $2.99M (±1% cap)
NOI $179,200 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.91M
$5.17M – $6.90M (±1% cap)
NOI $413,809 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Daycare Center Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Butcher Tanning Salon Adult Day Care

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

FAQs

What type of property is this?
Apartment building - Portfolio of six consecutively positioned villas built in 2007 with individual electric and water meters.
Where is this apartment building located?
The property is located at 3450-3470 NW 17th Ter Oakland Park, FL.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Six consecutively positioned, side‑by‑side villas in Oakland Park (3450–3466 & 3470 NW 17 Terrace); Built in 2007; each home offers 1,947 SF of living area plus a garage; Each residence features a 4‑bedroom, 2.5‑bath layout
More about this property
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