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2140-2160 NW 29th St 7 Unit Apartment Building $1,325,000 ($189,286/Unit) 6% Cap Rate Oakland Park, FL 33311
Executive Summary
2140-2160, NW 29th St, Fort Lauderdale is an opportunity to own a working 10 unit investment property in a bustling urban-core. Minutes away from downtown Fort Lauderdale and located just off W Oakland Park BLVD and I-95 interchange, this building is just a few steps away from a large shopping Plaza that has everything a tenant needs, from Walmart to restaurants and
more.
The property has 7 units including one 4 bedroom main house, 4 One Bedrooms & 1 Studio all renovated with new vinyl flooring, AC mini-split systems in all units, new stainless-steel appliances and
updated landscaping.
The Property is zoned B-3 which is commercial zoning designation and can redeveloped to 29 residential units using LLA or commercial warehouse.
more.
The property has 7 units including one 4 bedroom main house, 4 One Bedrooms & 1 Studio all renovated with new vinyl flooring, AC mini-split systems in all units, new stainless-steel appliances and
updated landscaping.
The Property is zoned B-3 which is commercial zoning designation and can redeveloped to 29 residential units using LLA or commercial warehouse.
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$156,360
|
$27.18
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$7,818
|
$1.36
|
| Effective Gross Income |
$148,542
|
$25.82
|
| Taxes |
$23,174
|
$4.03
|
| Operating Expenses |
$45,846
|
$7.97
|
| Total Expenses |
$69,020
|
$12.00
|
| Net Operating Income |
$79,522
|
$13.83
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $156,360 |
| Annual Per SF | $27.18 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $7,818 |
| Annual Per SF | $1.36 |
| Effective Gross Income | |
|---|---|
| Annual | $148,542 |
| Annual Per SF | $25.82 |
| Taxes | |
|---|---|
| Annual | $23,174 |
| Annual Per SF | $4.03 |
| Operating Expenses | |
|---|---|
| Annual | $45,846 |
| Annual Per SF | $7.97 |
| Total Expenses | |
|---|---|
| Annual | $69,020 |
| Annual Per SF | $12.00 |
| Net Operating Income | |
|---|---|
| Annual | $79,522 |
| Annual Per SF | $13.83 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Trash Pickup - Curbside
- Online Services
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $1,473 | 500 - 700 |
| Studios | 1 | $1,295 | 300 - 500 |
| 4+3 | 1 | $3,295 | 1,500 - 2,000 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 49-42-29-01-0100 | Total Assessment | $1,020,570 (2026) |
| Land Assessment | $137,460 (2026) | Annual Taxes | $23,174 ($4.03/SF) |
| Improvements Assessment | $883,110 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
49-42-29-01-0100
Land Assessment
$137,460 (2026)
Improvements Assessment
$883,110 (2026)
Total Assessment
$1,020,570 (2026)
Annual Taxes
$23,174 ($4.03/SF)
Tax Year
2025
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2140-2160 NW 29th St
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