Multifamily Property – 5 Units in Oakland Park, FL – Waterfront Investment Opportunity
Commercial Sale
Category: Multifamily
Price:$1,285,000
Location: Oakland Park, FL
Year Built: 1960
Days on Market: 21
Description:
Escape to your own slice of paradise with this waterfront 5-unit multi-family property in the heart of Oakland Park. Nestled in a sought-after neighborhood on the serene Middle River, this lucrative investment offers a single-family 2/2 home complemented by a secondary structure hosting 4 other units- 2/1, 1/1, and two studios. Situated on a generous 12,000+ sqft lot, this fully occupied gem produces $106K annually in rental income. Recent upgrades include roofs (2020), HVAC system (8 years), and tankless water heaters (2022). Enhanced with new gutters and vapor barriers (2024), Studio kitchens upgraded (2023/2024). The property features community areas, on-site laundry, and a lush tropical landscape with a large sparkling pool. Truly a dream investment opportunity!
Dream investment opportunity! Fully rented and producing income! Unique 5-unit Multi-Family on the Middle River! Walkable to local entertainment!
Listing Code: 1109595458