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32441181
32441179

2160 Northwest 29th Street, Oakland Park, FL 33311

FB
FL BK3542409
Astra Properties
Listed by Astra Properties
$1,325,000
25 days on market
Updated 25 days ago

2140-2160 Northwest 29th Street

Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Cap Rate 5.44%
NOI $72,091
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6%
Pro-Forma NOI $79,522
Lot Size (SqFt) 19,637
Zoning B-3
Parking Spaces 1 per unit
Investment Type Stabilized
Ground Lease No

100% Occupied Stabilized Multi-Family with B-3 Zoning

Marketing description

2140-2160, NW 29th St, Fort Lauderdale is an opportunity to own a working 10 unit investment property in a bustling urban-core. Minutes away from downtown Fort Lauderdale and located just off W Oakland Park BLVD and I-95 interchange, this building is just a few steps away from a large shopping Plaza that has everything a tenant needs, from Walmart to restaurants and

more.

The property has 7 units including one 4 bedroom main house, 4 One Bedrooms & 1 Studio all renovated with new vinyl flooring, AC mini-split systems in all units, new stainless-steel appliances and

updated landscaping.

The Property is zoned B-3 which is commercial zoning designation and can redeveloped to 29 residential units using LLA or commercial warehouse.

Investment highlights

2140-2160, NW 29th St, Fort Lauderdale is an opportunity to own a working 10 unit investment property in a bustling urban-core. Minutes away from downtown Fort Lauderdale and located just off W Oakland Park BLVD and I-95 interchange, this building is just a few steps away from a large shopping Plaza that has everything a tenant needs, from Walmart to restaurants and

more.

The property has 7 units including one 4 bedroom main house, 4 One Bedrooms & 1 Studio all renovated with new vinyl flooring, AC mini-split systems in all units, new stainless-steel appliances and

updated landscaping.

The Property is zoned B-3 which is commercial zoning designation and can redeveloped to 29 residential units using LLA or commercial warehouse.

Listing Contacts

FB
FL BK3542409
Astra Properties
Listed by Astra Properties

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,091.00
$6,007.58/mo

Valuation Metrics

0
DSCR
5.44%
Cap Rate
5.44%
ROI

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Additional Information

Name
Frank Brito
License
BK3542409
Brokerage Phone
6313565697
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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