1041 NE 35th St

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1041 NE 35th St

Oakland Park, FL 33334
Asking Price
$830K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Oakland Park, Florida.
  • Property situated at 1041 NE 35th St in Broward County.
  • Asking price for the apartment asset is 830000 dollars.
  • Strategic location within the active Fort Lauderdale metropolitan area.
  • Suitable investment for buyers seeking rental housing opportunities.

What's Special

This multifamily apartment building sits at 1041 NE 35th St in Oakland Park, Florida. Positioned within a growing residential corridor of the Fort Lauderdale metro area, the property serves as a functional asset for investors looking to expand their portfolio in a region characterized by consistent demand for rental housing. The location benefits from access to major regional thoroughfares and proximity to the employment hubs and coastal amenities defining Broward County. The scale and layout of this apartment building cater to various investment strategies, whether maintaining the current operational model or evaluating potential long-term repositioning efforts. Its placement in a well-established municipality provides residents with convenient connectivity to the broader South Florida economy, making it a viable consideration for those targeting multifamily acquisitions in this specific submarket.

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NOI
$80,000
Cap Rate
9.64%
DSCR
1.62
Strong
Cash-on-Cash
12.34%
Monthly Payment
$4,106.387
Annual Cash Flow
$30,723.354

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