2140-2160 29Th StOakland Park, FL 33311

  • Residential income properties
  • 5,701 SF
For Sale
$1,390,000 View listing

Property Details for 2140-2160 29Th St

Year built
1961
Property size (Sq ft)
5,701 SF
Property type
Residential income properties
Property subtype
Multifamily properties

Description

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.

2140-2160 29Th St, Oakland Park, Florida

Location Insight

City
Oakland Park
County
Broward
State
Florida
Latitude
26.1622
Longitude
-80.1717

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