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Provided by South Florida Homes Realty, Inc.

$1,300,000

355 NW 32ND ST, OAKLAND PARK, FL 33309

0 baths3,287 sq ft2 to 4 unitsBuilt 1965
Updated today, November 2, 2026

This home against Sleepy River

$396 per sq ft
237 days on the market
$19,100 in property taxes (2025)
Waterfront

Sleepy River today: 3 homes for sale.

About this home

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.

Near this home

Elementary school: Lloyd Estates Elementary School, 0.7 mi
Middle school: Somerset Academy Village Charter Middle School, 0.3 mi
High school: Fort Lauderdale High School, 1.4 mi
Park: Donn Eisele Park, 0.4 mi
Beach: Fort Lauderdale Beach, 3.1 mi
Grocery: Publix, 0.2 mi

Distances from the center of Sleepy River, OAKLAND PARK. Schools are nearest by distance, not an attendance zone.

Listing courtesy of Fausto Commercial Realty Consultants Inc. MLS# A11978734.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed March 9, 2026. Listing provided by South Florida Homes Realty, Inc.

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