For Sale
$995,000

119 43Rd CtOakland Park, FL 33309

Six-unit apartment building with cottage. High rental income potential.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a six-unit multifamily property in Oakland Park, Florida, encompassing a two-story main building and a single-story rear cottage, totaling 3,778 square feet on a 7,800 square foot lot. Built in 1957, both structures boast recently installed roofs with transferable warranties. The property currently features five occupied apartments, with long-term tenants on month-to-month leases, presenting immediate upside potential for increased rental income. One studio apartment includes an oversized attached room, currently vacant, offering the possibility of conversion into a larger, more lucrative one-bedroom unit. The property's generous lot size provides ample outdoor patio space. Parking accommodates multiple vehicles, exceeding the standard seven spaces. Its prime location, steps from Andrews Avenue, offers easy access to Wilton Manors, downtown Fort Lauderdale, I-95, and the beach. Public transportation and shopping are conveniently within walking distance. The property is zoned RM16. The asking price is $995,000, representing a price per unit of $165,833.33. Please drive by only

Highlights

  • Six-unit multifamily property in Oakland Park, FL.
  • 3,778 sq ft building on a 7,800 sq ft lot, including a two-story main building and a single-story cottage.
  • Recently installed roofs with transferable warranties.
  • Five occupied units with month-to-month tenants, plus one vacant studio.
  • Ample parking exceeding seven spaces and generous outdoor patio space.
  • Prime location near Andrews Avenue, offering easy access to Wilton Manors, downtown Fort Lauderdale, I-95, and the beach; walking distance to public transportation and shopping.

Property Details for 119 43Rd Ct

Property type
Apartment buildings
Square Feet
3,778 SF
Year Built
1957
Buildings
2
Stories
2
Units
6

Location Insight

City
Oakland Park
County
Broward
State
Florida
Latitude
26.180418
Longitude
-80.1478238
119 43Rd Ct, Oakland Park, Florida

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119 43Rd Ct
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