Property summary
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
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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