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    Apartment buildings

    3450 17Th Ter, Oakland Park, FL 33309

    11,652 SF Built 2007
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 2007
    Total area 11,652 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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