Property profile

119 43Rd Ct Oakland Park, FL 33309

OFF-MARKET
Apartment buildings
3,778 SF Built 1957
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Property summary

AI-generated overview

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

Property profile

Verified
Property type Apartment buildings
Year built 1957
Total area 3,778 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

119 43Rd Ct Oakland Park, FL 33309
Oakland Park metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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