For Sale
$1,390,000

2140-2160 29Th St Oakland Park, FL 33311

Seven-unit property, strong cash flow.

Overview

Added:
Feb 11
Days on market:
72
This exceptional seven-unit multifamily investment property, located at 2140-2160 NW 29th St #7 in Oakland Park, Florida, presents a compelling opportunity for discerning investors. Priced at $1,390,000, this property boasts a total of 5,701 square feet and was built in 1961. The property's strategic location, just off the Oakland Park and I-95 interchange and near the Oakland Park Shopping Center, ensures high visibility and convenient access. The diverse unit mix includes one junior one-bedroom unit, four one-bedroom units, one two-bedroom unit, and a four-bedroom house complete with a private backyard—all situated on a single parcel. All units have undergone upgrades, featuring new stainless-steel appliances and updated landscaping. Furthermore, the property benefits from reduced insurance rates due to recently installed hurricane impact doors and windows, and all units are equipped with modern mini-split AC systems. The generous zoning allows for potential commercial uses, adding significant future development possibilities. This turnkey investment offers immediate cash flow potential, making it an attractive addition to any portfolio. The property is situated in Broward County, Florida, with a zip code of 33311.

Highlights

  • $1,390,000 asking price.
  • Seven-unit multifamily property in Oakland Park, FL.
  • 5,701 square feet.
  • Built in 1961.
  • Located near I-95 and Oakland Park Shopping Center.
  • Unit mix includes junior 1-bedroom, four 1-bedroom, one 2-bedroom, and one 4-bedroom house.

Property Details for 2140-2160 29Th St

Property type
Commercial real estate
Square Feet
5,701 SF
Year Built
1961

Location Insight

City
Oakland Park
County
Broward
State
Florida
Latitude
26.16221
Longitude
-80.1716723

FAQs

What type of property is this?
Commercial real estate - Seven-unit property, strong cash flow.
Where is the commercial real estate located?
The property is located at 2140-2160 29Th St Oakland Park, FL.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: $1,390,000 asking price.; Seven-unit multifamily property in Oakland Park, FL.; 5,701 square feet.
How can I contact the broker?
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2140-2160 29Th St
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