Turnkey Multifamily Courtyard
For Sale
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4100 NW 16th Ave, Oakland Park, FL 33309
37-unit multifamily property with private courtyards, individually metered utilities, and recent exterior and interior improvements.
Property Size36,880 SF
Days on Market121
Property Features for 4100 NW 16th Ave
General Information
Standard status
Active
Size
36,880 SF
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
37
Amenities
private courtyards
front porches
individually metered electric & water
resurfaced parking lot
painted exterior
new central a/c
updated pool
updated plumbing
new tile
premium kitchens
premium bathrooms
washer/dryers in each unit
Building Details
Year Built
1973
Construction
reinforced concrete block
Tenancy
Multi
Listing Agency:
Franklin Street Tampa
Listed By:
Dan Dratch · License #FL SL3341163
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 5:57PM
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 Franklin Street Tampa
Investment Insights
Based on property information with market context.
Twin Lakes Villas is a 37-unit multifamily community built between 1973 with reinforced concrete block construction and a painted stucco exterior. The property includes apartment layouts with private courtyards and front porches, and each unit is individually metered for electric and water. Interior improvements include new tile, premium kitchens and bathrooms, new central A/C, and washer/dryers in each unit. Exterior capital improvements feature a resurfaced parking lot, painted exterior, new central A/C, updated pool, and updated plumbing.
The investment is located at 4100 NW 16th Ave, north of Oakland Park Blvd and just west of I-95, in a neighborhood primarily made up of mostly single-family homes by age and construction. Twin Lakes Villas is also described as being within proximity to major retailers, restaurants, and major transportation, including the I-95 Business Corridor and Fort Lauderdale Executive Airport.
The unit mix consists of three two-bedroom, one-and-a-half-bath apartments; fourteen two-bedroom, two-bath apartments; seven three-bedroom, one-and-a-half-bath apartments; and thirteen three-bedroom, two-bath apartments, totaling approximately 36,880 RSF. The property is presented as turnkey, with the current owner already implementing a water charge-back program and having made capital improvements aimed at delivering in-place income.
The investment is located at 4100 NW 16th Ave, north of Oakland Park Blvd and just west of I-95, in a neighborhood primarily made up of mostly single-family homes by age and construction. Twin Lakes Villas is also described as being within proximity to major retailers, restaurants, and major transportation, including the I-95 Business Corridor and Fort Lauderdale Executive Airport.
The unit mix consists of three two-bedroom, one-and-a-half-bath apartments; fourteen two-bedroom, two-bath apartments; seven three-bedroom, one-and-a-half-bath apartments; and thirteen three-bedroom, two-bath apartments, totaling approximately 36,880 RSF. The property is presented as turnkey, with the current owner already implementing a water charge-back program and having made capital improvements aimed at delivering in-place income.
Key Highlights
- 37‑unit multifamily property in Oakland Park, FL at 4100 NW 16th Ave, north of Oakland Park Blvd and just west of I‑95
- Unit mix includes (3) 2BD/1.5BA, (14) 2BD/2BA, (7) 3BD/1.5BA, and (13) 3BD/2BA totaling approximately 36,880 RSF
- All units feature private courtyards and front porches, with electric and water individually metered
Property Analytics
Property Profile
Current Use
Lease Details
37
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
924
Businesses Nearby
Explore this area
Business Placement
Demographics for 33309, FL
37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - 37-unit multifamily property with private courtyards, individually metered utilities, and recent exterior and interior improvements.
Where is this apartment building located?
The property is located at 4100 NW 16th Ave Oakland Park, FL.
What are key features of this property?
This property features: 37‑unit multifamily property in Oakland Park, FL at 4100 NW 16th Ave, north of Oakland Park Blvd and just west of I‑95; Unit mix includes (3) 2BD/1.5BA, (14) 2BD/2BA, (7) 3BD/1.5BA, and (13) 3BD/2BA totaling approximately 36,880 RSF; All units feature private courtyards and front porches, with electric and water individually metered
