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    OFF-MARKET
    Small apartment buildings

    349 40Th Dr, Oakland Park, FL 33309

    Built 2024
    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 Small 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
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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