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    Apartment buildings

    116 41St St, Oakland Park, FL 33309

    Built 2023
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2023-built, four-unit apartment building presents a lucrative investment opportunity in the desirable Oakland Park, Florida area. Located at 116 NW 41st St, 33309, this two-story property boasts four identical units, each featuring three bedrooms, two and a half bathrooms, and a two-car garage. The modern design incorporates spacious open floor plans and modern kitchens, creating comfortable and desirable living spaces. Every unit is equipped with its own individual water meter and FPL meter, ensuring efficient utility management and cost allocation. Furthermore, each unit includes a private laundry room complete with a washer and dryer, adding to the convenience and appeal for tenants. The property's construction incorporates impact glass doors and windows, providing both security and energy efficiency. The property's folio number is 494222082191. This turnkey investment offers strong potential for rental income and appreciation in a thriving Florida market. The asking price is $1,999,000. This is a rare opportunity to acquire a brand-new, well-designed multifamily property in a prime location.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 2023
    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
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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