2140-2160 29Th St, Oakland Park, FL 33311
This exceptional seven-unit multifamily investment property, located at 2140-2160 NW 29th St #7 in Oakland Park, Florida, presents a compelling opportunity for discerning investors. Priced at $1,390,000, this property boasts a total of 5,701 square feet and was built in 1961. The property's strategic location, just off the Oakland Park and I-95 interchange and near the Oakland Park Shopping Center, ensures high visibility and convenient access. The diverse unit mix includes one junior one-bedroom unit, four one-bedroom units, one two-bedroom unit, and a four-bedroom house complete with a private backyard—all situated on a single parcel. All units have undergone upgrades, featuring new stainless-steel appliances and updated landscaping. Furthermore, the property benefits from reduced insurance rates due to recently installed hurricane impact doors and windows, and all units are equipped with modern mini-split AC systems. The generous zoning allows for potential commercial uses, adding significant future development possibilities. This turnkey investment offers immediate cash flow potential, making it an attractive addition to any portfolio. The property is situated in Broward County, Florida, with a zip code of 33311.
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
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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.