3450 17Th Ter, Oakland Park, FL 33309
This exceptional investment opportunity presents six luxurious waterfront villas located at 3450 NW 17th Terrace, Oakland Park, FL 33309. The property, built in 2007, consists of three single-story buildings totaling 11,652 square feet and boasts a 100% occupancy rate. Each villa features modern, elegant interiors with sleek European-style cabinetry, granite countertops, and stainless steel appliances. Residents enjoy individual water and electric meters, cozy bedrooms, upscale bathrooms, and soaring 9-foot ceilings enhanced by a dramatic 20-foot skylight. The community's prime location offers easy access to parks, shops, and restaurants. The property's strong financial performance is reflected in its $3,600,000 asking price, a $600,000 price per unit, and a Net Operating Income (NOI) of $176,160, resulting in a 4.89% capitalization rate. The price per square foot is $308.96. This Class A multifamily investment offers a compelling combination of luxury living and exceptional financial returns in a highly desirable location. The property is centrally located in Broward County, providing convenient access to various amenities and attractions. This is a rare opportunity to acquire a well-maintained, high-performing investment property in a thriving market.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.