Value-Add 5-Unit Multifamily Property

2613 NW 18th Ter, Oakland Park, FL 33311

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 5,415 SF
  • Units 5
  • Lot Size 0.39 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 8
  • Parking Ratio 1.33 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1967
  • Date Updated Aug 7, 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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Attachments

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

Contacts

broker

Rodrigo Calderon

Lee & Associates South Florida

Location

Getting Around

  • Walk Score ®

    35/100 Car-Dependent

  • Transit Score ®

    35/100 Some Transit

  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Oakland Park, FL
  • Neighborhood East Lakeside
  • Zip Code 33311
  • Market Fort Lauderdale

Points of Interest

  • Fort Lauderdale

    2.69 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

  • Mobil

    0.94 miles

  • Tesla Supercharger

    2.51 miles

  • Sunrise Town Center

    5.45 miles

  • ChargePoint Charging Station

    6.79 miles

  • USCIS Parking Garage

    2.03 miles

  • Walmart

    2.29 miles

  • DRV PNK Stadium Parking Lots

    2.46 miles

  • Publix

    2.79 miles

  • Arts & Science District Garage

    2.85 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

  • Rashelle Hotel

    1.91 miles

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

    2.01 miles

  • Best Western Ft. Lauderdale I-95 Inn

    2.09 miles

  • Fort Lauderdale Grand Hotel

    2.14 miles

  • Days Inn by Wyndham Fort Lauderdale Airport Cruise Port

    2.59 miles

  • Courtyard Fort Lauderdale Downtown

    2.59 miles

  • Comfort Inn & Suites

    2.64 miles

  • Tru

    2.70 miles

  • La Quinta Inn

    2.71 miles

  • Travelodge Ft. Lauderdale

    2.71 miles

  • Dunkin'

    0.49 miles

  • KFC

    0.54 miles

  • Burger King

    0.58 miles

  • Best Flavor Tropical

    0.60 miles

  • Wendy's

    0.87 miles

  • Pizza Hut

    0.93 miles

  • Long John Silver's

    0.96 miles

  • Denny's

    0.96 miles

  • Miami Subs

    0.96 miles

  • McDonald's

    1.21 miles

  • William E. Dandy Middle School

    0.54 miles

  • Rock Island Elementary School

    0.68 miles

  • Arthur R. Ashe Jr. Middle School

    0.73 miles

  • Faith Christian Academy

    0.97 miles

  • Lauderdale Manors School

    1.15 miles

  • Dillard Park Day Care Center

    1.16 miles

  • Lauderdale Manors Elementary School

    1.17 miles

  • Small Fry Educational Day Care School

    1.22 miles

  • Saint Clements School

    1.25 miles

  • Somerset Academy

    1.25 miles

  • New River

    2.66 miles

  • A World Of Discovery Academy

    5.14 miles

  • Broward Children's Center

    6.28 miles

  • Learn & Smile Preschool

    6.97 miles

  • Nob Hill Academy

    7.27 miles

Frequently Asked Questions

How much does Value-Add 5-Unit Multifamily Property cost?

The sale price for Value-Add 5-Unit Multifamily Property is available upon request. Contact the listing broker for more information.

What is the total square footage of Value-Add 5-Unit Multifamily Property?

Value-Add 5-Unit Multifamily Property totals 5,415 square feet.

When was this property built?

Value-Add 5-Unit Multifamily Property was built in 1967.

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Contact Listing Broker

broker

Rodrigo Calderon

Lee & Associates South Florida