2645 21St Ave Oakland Park, FL 33311
- Apartment buildings
- 6,037 SF
Current Use by Public Records
- Apartment buildings
Property Details for 2645 21St Ave
- Year built
- 1951
- Property size
- 6,037 SF
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional nine-unit multifamily property, located at 2645 NW 21st Ave in Oakland Park, Florida, presents a compelling investment opportunity. The 6,037 square foot building, constructed in 1951, is a single-story structure offering a mix of unit types. The property comprises five one-bedroom units and four studio apartments, all currently occupied by long-term tenants. A significant advantage is the inclusion of an additional vacant lot, providing potential for future expansion or development. The property boasts a freshly painted parking lot with ample parking spaces for residents. Situated in Broward County, Florida, with a zip code of 33311, this property benefits from a highly desirable location. The asking price for this turnkey investment is $1,800,000. Given the strong tenant occupancy and the potential for future development, this property represents a rare opportunity in the competitive Oakland Park market. The property's solid history and current income stream make it an attractive proposition for seasoned investors seeking a stable and potentially high-growth investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland Park
- County
- Broward
- State
- Florida
- Longitude
- -80.1712
- Latitude
- 26.16
