349 40Th Dr, Oakland Park, FL 33309
This stunning, brand-new eight-unit apartment building, completed in 2024, presents a lucrative investment opportunity in the desirable Oakland Park, Florida area. Located at 349 NW 40th St, 33309, this two-story property offers a collection of spacious two-bedroom, two-bathroom units, each featuring a den. The building is meticulously designed and constructed, boasting modern finishes and premium appliances throughout. Each unit is individually titled as a condominium, simplifying ownership and management. Adding to its appeal, the property includes a brand-new electric vehicle charging station with capacity for two vehicles. The asking price for this exceptional multifamily property is $3,200,000. Its prime location in Broward County, Florida, combined with its modern amenities and condominium-style ownership, makes this an attractive investment for discerning buyers seeking strong returns. The property's recent construction ensures minimal maintenance and operational costs, maximizing potential profitability. This turnkey investment is ready for immediate occupancy and income generation. Don't miss this chance to acquire a high-quality, income-producing asset in a thriving Florida market.
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.