Escape to your own slice of paradise with this waterfront 5-unit multi-family 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). The property features community areas, on-site laundry, and a lush tropical landscape with a large sparkling pool. Truly a dream investment opportunity!
1310 NE 30th St, #1-5, Oakland Park, FL, 33334
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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