
$1,300,000
355 NW 32ND ST, OAKLAND PARK, FL 33309
This home against Sleepy River
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
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.
