Value-Add 5-Unit Multifamily Property

For Sale

2613 NW 18th Ter, Oakland Park, FL 33311

This Oakland Park property for sale is located at 2613 NW 18th Ter. The current listed sale price for Value-Add 5-Unit Multifamily Property is Subject To Offer. Value-Add 5-Unit Multifamily Property is situated on a lot that is 0.39 acre in size.

Contacts

broker

Rodrigo Calderon

Lee & Associates South Florida

(786) 877-3981

Property Details

  • Property Type Multi-Family
  • Property Size 5,415 SF
  • Units 5
  • Lot Size 0.39 Acre
  • Parking Spaces Avail. 8
  • Parking Ratio 1.33 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1967
  • Date Updated Jan 22, 2024
Located in Oakland Park, FL. The site benefits from excellent accessibility just 1 mile to I-95 access ramps at Oakland Park Blvd, 3.5 miles to US-1, and 3.6 miles to Florida's Turnpike allowing easy access to the area's industrial neighborhood from all of Broward County. Fort Lauderdale-Hollywood International Airport is located approximately 10.4 miles from the site, and Miami International airport is 36 miles away.SELLER MOTIVATED! Lee & Associates South Florida presents a 5-unit Multifamily located in a rapidly evolving neighborhood in Oakland Park, FL, just 1 mile to I-95 and 4 miles to Tri-Rail commuter lines with incredible visibility and exposure. This is an opportunity for qualified investors to acquire a 5-unit building unit mix consisting of various floor plans and a total aggregate building area of 5,415 SF, situated on 0.39 acres. The property also benefits from being within walking distance to Oswald Park and Golf Course for tenant recreation and activities, and just a few blocks from major retail corridor W Oakland Park Blvd home to many major retailers, pharmacies, and restaurants including Home Depot, Lowes, Publix, Walgreens, Dollar General, and more. The immediate area is currently seeing many new development projects and gentrification with market rents increasing steadily, seeing $2.65/SF and higher rents with recent population growth supporting a rising demand. Centrally located in the Fort Lauderdale and Broward area, the property provides easy commuting access to all of Florida's major market areas and highway systems.

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Highlights

  • SELLER MOTIVATED!
  • 5 Unit Multifamily Investment Property with Value-Add Potential
  • Over 1/3 of an Acre Lot with a Large Surface Parking Lot
  • Zoning R-1 Residential with 5 du/ac density
  • Surrounding Apartment Complexes Rents are in the $2.65/SF range
  • Neighborhood Improvements with Several New Developments Nearby and Rising Market Rents
  • Walk to Oswald Park and Golf Course
  • Just Blocks from W Oakland Park Blvd Major Retailers and Restaurants including Publix, Home Depot, Walgreens
  • Excellent Commuting Accessibility Just 1 Mile to I-95, and 3.6 miles to Florida's Turnpike

Attachments

Getting around

  • 35/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 41/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Oakland Park, FL
  • Neighborhood East Lakeside
  • Zip Code 33311
  • Market Fort Lauderdale

Points of Interest

  • Fort Lauderdale

    2.69 miles

  • Fort Lauderdale

    2.78 miles

  • Esplanade Park

    2.99 miles

  • Cypress Creek

    3.11 miles

  • River House

    3.31 miles

  • Fort Lauderdale Airport

    6.73 miles

  • Pompano Beach

    8.10 miles

  • Sheridan Street

    8.78 miles

  • Chevron

    0.44 miles

  • Shell

    0.46 miles

  • BP

    0.51 miles

  • Marathon

    0.56 miles

  • RaceTrac

    0.68 miles

  • Texaco

    0.84 miles

  • Chevron

    0.91 miles

  • Mobil

    0.94 miles

  • Chevron

    1.27 miles

  • Mobil

    1.30 miles

  • USCIS Parking Garage

    2.03 miles

  • Walmart

    2.29 miles

  • DRV PNK Stadium Parking Lots

    2.46 miles

  • Sunshine Plaza

    3.06 miles

  • Main Office Parking Lot #1

    3.09 miles

  • Main Office Parking #2

    3.09 miles

  • East Parking Lot

    3.11 miles

  • CVS

    3.45 miles

  • Galleria

    3.59 miles

  • Parking at Galt Villas

    4.30 miles

  • Holiday Inn Express & Suites Ft Lauderdale N - Exec Airport

    2.01 miles

  • Days Inn by Wyndham Fort Lauderdale Airport Cruise Port

    2.59 miles

  • Courtyard Fort Lauderdale Downtown

    2.59 miles

  • Travelodge Ft. Lauderdale

    2.71 miles

  • TownePlace Suites by Marriott Fort Lauderdale West

    2.77 miles

  • TownePlace Suites by Marriott Fort Lauderdale West 1

    2.77 miles

  • Hampton Inn Ft. Lauderdale/Downtown Las Olas Area

    2.79 miles

  • Extended Stay America

    2.90 miles

  • The Dalmar, Fort Lauderdale, a Tribute Portfolio Hotel

    2.98 miles

  • La Quinta Inn & Suites

    2.99 miles

  • Ivory's

    0.98 miles

  • The Blue Store

    1.10 miles

  • Winn-Dixie

    1.62 miles

  • Sprouts Farmers Market

    1.95 miles

  • Save-A-Lot

    2.17 miles

  • Publix

    2.19 miles

  • Winn-dixie

    2.20 miles

  • Aldi

    2.35 miles

  • Walmart Supercenter

    2.37 miles

  • Ross

    2.37 miles

In-Depth Research Available for this Property

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Contact Listing Broker

broker

Rodrigo Calderon

Lee & Associates South Florida

(786) 877-3981