About 355 Nw 32nd Street
Excellent opportunity to acquire a 6-unit multifamily property in Oakland Park, ideally located east of U.S. Route 1. The property features a desirable unit mix consisting of four 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one studio, appealing to a broad tenant base. The property currently generates nearly $10,000 per month in rental income with a Net Operating Income (NOI) of $93,405. All tenants are on month-to-month leases, offering immediate upside through potential rent increases to market rates. Strategically located just minutes from Fort Lauderdale Beach, I-95, and Fort Lauderdale–Hollywood International Airport, the property benefits from strong rental demand in a highly desirable east-of-US-1 location. This is an excellent opportunity for investors seeking stable cash flow with significant value-add potential.
Multi-Family home for sale in Oakland Park, FL at 355 Nw 32nd Street. This Multi-Family home is priced at $395/sqft
Features of 355 Nw 32nd Street
| MLS® # | A11978734 |
|---|---|
| Price | $1,300,000 |
| Square Footage | 3,287 |
| Year Built | 1965 |
| Type | Multi-Family |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information: Oakland Park
| Address | 355 Nw 32nd Street |
|---|---|
| Area | 3720 |
| Subdivision | BOULEVARD VILLAS |
| City | Oakland Park |
| County | Broward |
| State | FL |
| Zip Code | 33309 |
Amenities of 355 Nw 32nd Street
| Utilities | Cable Not Available |
|---|---|
| Is Waterfront | Yes |
| Waterfront | Canal Front |
| Has Pool | No |
Interior of 355 Nw 32nd Street
| Heating | Central, Separate Meters |
|---|---|
| Cooling | Central Air |
| # of Stories | 1 |
Exterior of 355 Nw 32nd Street
| Roof | Other, Shingle |
|---|---|
| Construction | Block, Other |
School Information
| Elementary | Lloyd Estates |
|---|---|
| Middle | James S. Rickards |
| High | Northeast |
Additional Information On 355 Nw 32nd Street
| Listing Courtesy of | Fausto Commercial Realty Consultants Inc |
|---|---|
| Date Listed | March 11th, 2026 |
| Zoning | R-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|