Active

$700,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1400 sq ft
Overview
  • ID: MFRO6374852
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1400 sq ft
Property Details
Remarks
Income-producing short-term rental duplex with $100K+ upside, fully turnkey, fully furnished, and set up to operate immediately. Located in the heart of Downtown Oakland Park, an area driven by over $400M in redevelopment, just minutes from the beach, Wilton Drive, and some of South Florida’s best dining, breweries, and entertainment. The property features two renovated 2-bedroom, 1-bath units with updated kitchens and front and rear patios. ROOF 2014, UNIT A AC 2015, UNIT B AC 2019. The property includes a shared exterior washer and dryer room and five on-site parking spaces, providing additional income potential. Currently operating as a successful short-term rental generating $85,000+ annually, with upside through rentable parking and the ability to add hot tubs to both units, positioning the property to exceed $100,000+ in annual income. With limited two-bedroom rental inventory and a proven 90%+ occupancy history, this is a compelling opportunity for investors or owner-occupants. Survey and income statements available per request.
Financial Considerations
Price:
$700,000
HOA Fee:
N/A
Tax Amount:
$10093
Price per SqFt:
$500
Tax Legal Description:
OAKLAND PARK 2-38 B LOT 11,12 TOGETHER WITH THAT POR OF VAC'D 7.5' ALLEY LYING S OF & ADJ TO LOTS 11 & 12 BLK 15
Exterior Features
Lot Size:
4375
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1964
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Fire Pit, Garden, Hurricane Shutters, Lighting, Private Yard, Rain Gutters, Shade Shutter(s), Sliding Doors, Storage
Additional Features 2:
N/A
Map
  • Address
    1478 NE 34TH CT #A-B
Contact a Professional
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