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. Contact the listing broker for details on the current sale price for Value-Add 5-Unit Multifamily Property. 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

Property Details

  • 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 Dec 9, 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 ®

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Location

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

Points of Interest

  • Fort Lauderdale

    2.78 miles

  • Esplanade Park

    2.99 miles

  • River House

    3.31 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

    2.47 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

  • Ivory's

    0.98 miles

  • The Blue Store

    1.10 miles

  • Publix

    1.30 miles

  • Presidente Supermarket

    1.62 miles

  • Sprouts Farmers Market

    1.97 miles

  • Aldi

    2.07 miles

  • Save-A-Lot

    2.17 miles

  • Winn-Dixie

    2.20 miles

  • Ross

    2.37 miles

  • Banyan Pilot Shop

    2.39 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Rodrigo Calderon

Lee & Associates South Florida