Unique investment opportunity with this waterfront mixed 5-unit multifamily 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 $120K annually in gross 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), new pool pump and heater (2024). The property features community areas, on-site laundry, and a lush tropical landscape with a large sparkling pool.
2,244 Sq Ft
0.26 Private Acres Exterior Space
Commercial
$21,267 Annual Tax
Built in 1960
MLS/Listing ID A11771376
2 Stories
Tile
Vinyl
Cooling - Wall/window unit(s)
River
Lot - In Residential Area
Cooling - Central Building AC
Listing Courtesy of LOKATION, MEGEN MARMAROSA - 954-296-1970
Source of Data: MIAMI ASSOCIATION OF REALTORS