1099 35 St, Oakland Park, FL 33334
This exceptional investment opportunity presents a four-unit apartment building located at 1099 NE 35th St, Oakland Park, FL 33334, in Broward County. Built in 1985, this single-story property is currently fully rented, offering immediate cash flow. Each of the four units boasts a two-bedroom, one-bathroom layout, providing comfortable living spaces for tenants. Recent upgrades include newer central air conditioning units in each unit, enhancing tenant comfort and reducing maintenance concerns. A convenient on-site laundry room adds to the property's appeal. The property is being offered for redevelopment, capitalizing on its strategic location. Prospective buyers are encouraged to contact the City of Oakland Park directly to obtain detailed zoning information and explore redevelopment possibilities. The asking price for this multifamily property is $1,699,000. Please note that the property is currently fully occupied and drive-by viewing is recommended. Do not enter the property without prior authorization.
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
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.