245-279 Northwest 32nd Street

Oakland Park, FL 33309

$2,300,000
Price
Beds
6,419 Sq. Ft.
$358 / Sq. Ft.
6,419
Sq. Ft.
$358
per Sq. Ft.

Description

Important info: this is a 3 parcel sale totaling 12 units. All units had NEW ROOFS installed in 2021! All but 3 units have been updated in 2022-2023. Great rental history. Seller is offering an investor an excellent stabilized multifamily property in the highly desirable Oakland Park area of Fort Lauderdale. The building is currently 100% occupied with an opportunity for an investor to raise the below market rents to increase income. In addition, the property offers the opportunity to convert units...Important info: this is a 3 parcel sale totaling 12 units. All units had NEW ROOFS installed in 2021! All but 3 units have been updated in 2022-2023. Great rental history. Seller is offering an investor an excellent stabilized multifamily property in the highly desirable Oakland Park area of Fort Lauderdale. The building is currently 100% occupied with an opportunity for an investor to raise the below market rents to increase income. In addition, the property offers the opportunity to convert units to increase the cash flow or transition the property into an AirBNB and thus increasing income even greater. Close to 95, Restaurants, Grocery Stores, Shops and the Beach. 4 (Studios) 7 (One Bedrooms) 1 (Two Bedroom)
  1. Listed by Cole D Leavitt • CPRE Organization Inc

Property Details for 245-279 Northwest 32nd Street

Subdivision
BOULEVARD VILLAS
Waterfront
No
Waterfront Details
None
View
Garden
Style
No Pool/No Water
LISTING UPDATED: 10/27/2024 07:06 AM

Property Details for 245-279 Northwest 32nd Street

StatusActive
MLS #RX-10990586
Days on Market153
Taxes$29,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1976
Lot Size0.63 AC / 27,590 SF
CountyBroward County

Building Information for 245-279 Northwest 32nd Street

Stories1Residences12Year Built1976Building Size-Lot Size0.63 AC / 27,590 SF

Property Information for 245-279 Northwest 32nd Street

Summary
Location and General Information
  • Property Condition: Resale
  • Development Name: COJO Villas
  • Geo Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
  • Special Info: Sold As-Is
  • Street Number: 245-279
  • Subdivision Complex Bldg: BOULEVARD VILLAS, COJO Villas
  • Municipal Code: Oakland Park
  • State: FL
  • City Postal ID: 33309
  • MLS Area: 3270
  • MLS Sub Area: FTNE
Parking
  • Carport Spaces: 24
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2023
  • Maintenance Fee Incl: None
  • HOA Dues: $0
Property
Lot Information
  • Area: 3270
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Parcel ID: 494222230071
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 7,000
  • Square Ft Source: Tax Rolls
  • Zoning: MF
Property and Assessments
  • Legal Desc: BOULEVARD VILLAS 60-6 B LOT 7 E1/2,LOT 1 E1/2 LESS S 149.82,THAT PT OF LOT 15 LYING E OF SLY EXT OF W/L OF E1/2 OF LOT 7
  • Sq Ft Liv Area: 6419.0
  • Legal Description: BOULEVARD VILLAS 60-6 B LOT 7 E1/2,LOT 1 E1/2 LESS S 149.82,THAT PT OF LOT 15 LYING E OF SLY EXT OF W/L OF E1/2 OF LOT 7
Utilities
  • Utilities: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Exterior Features: None
  • Private Pool: No
  • Storm Protection: Impact Glass: Partial
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Central
  • Flooring: Vinyl Floor
  • Heating: No Heat
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $160,596.00
  • Income & Expenses: Annual Total Expense: $63,048.00
  • Income & Expenses: Gross Operating Inc: $223,644.00
  • Tenant Pays: Electric, Cable
Unit 1
  • Unit 1 Desc: Range - Electric, Kitchen, Electric Meter, A/C Unit, Refrigerator
  • Unit 1 Info: Bedrooms: 1
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1,550
  • Unit 1 Info: SqFt: 550.0
  • Unit 1 Parking: Space Parking
Unit 2
  • Unit 2 Desc: Range - Electric, Kitchen, Electric Meter, A/C Unit, Refrigerator
  • Unit 2 Info: Bedrooms: 1
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $1,550
  • Unit 2 Info: SqFt: 550.0
  • Unit 2 Parking: Space Parking
Unit 3
  • Unit 3 Desc: Range - Electric, Kitchen, Electric Meter, A/C Unit, Refrigerator
  • Unit 3 Info: Bedrooms: 1
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Monthly Income: $1,550.00
  • Unit 3 Info: SqFt: 550.0
  • Unit 3 Parking: Space Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Refrigerator, Range - Electric, Kitchen, Electric Meter
  • Unit 4 Info: Bedrooms: 1
  • Unit 4 Info: Full Bath: 1
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Monthly Income: $1,550.00
  • Unit 4 Info: SqFt: 550.0
  • Unit 4 Parking: Space Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 245-279 Northwest 32nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 245-279 Northwest 32nd Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Lloyd Estates Elementary School
PublicPK to 5

James S. Rickards Middle School
Public6 to 8

Northeast High School
Public9 to 12

Somerset Village Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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245-279 Northwest 32nd Street is a multi-family home for sale in Oakland Park, FL 33309. This property was listed for sale on May 25, 2024 by CPRE Organization Inc, it's currently listed at $2,300,000. This listing's school district is Broward. Nearby schools include Lloyd Estates Elementary School, James S. Rickards Middle School and Northeast High School. 245-279 Northwest 32nd Street is a 0-bed, 0-bath, 6,419 sqft multi-family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CPRE Organization Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.