2645 21St Ave, Oakland Park, FL 33311
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.
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.