119 43Rd Ct, Oakland Park, FL 33309
This exceptional investment opportunity presents a six-unit multifamily property in Oakland Park, Florida, encompassing a two-story main building and a single-story rear cottage, totaling 3,778 square feet on a 7,800 square foot lot. Built in 1957, both structures boast recently installed roofs with transferable warranties. The property currently features five occupied apartments, with long-term tenants on month-to-month leases, presenting immediate upside potential for increased rental income. One studio apartment includes an oversized attached room, currently vacant, offering the possibility of conversion into a larger, more lucrative one-bedroom unit. The property's generous lot size provides ample outdoor patio space. Parking accommodates multiple vehicles, exceeding the standard seven spaces. Its prime location, steps from Andrews Avenue, offers easy access to Wilton Manors, downtown Fort Lauderdale, I-95, and the beach. Public transportation and shopping are conveniently within walking distance. The property is zoned RM16. The asking price is $995,000, representing a price per unit of $165,833.33. Please drive by only
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.