$700,000
Pending · 91 days on market · MLS# MFRO6374852
| Bedrooms | 4 |
|---|---|
| Living area | 1,400 sq ft |
| Lot size | 0.1 acres |
| Year built | 1964 |
| Property type | Duplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $10,093 |
| County | Broward |
Under contract-accepting backup offers. 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.
Listing courtesy of Raidel Moreno Armas, ARMAS REALTY LLC. Presented by MC Homes Realty Inc · 727432218.