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349 40Th St Oakland Park, FL 33309

OFF-MARKET Apartment buildings Google Maps
Built 2024
Estimated value
No estimation on file for this property yet.
Property ID US18-4099293

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Apartment buildings
Year built 2024
UPID US18-4099293

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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