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2140-2160 NW 29th St 7 Unit Apartment Building $1,880,175 CAD ($268,596 CAD/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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$221,875
|
$38.57
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$11,094
|
$1.93
|
| Effective Gross Income |
$210,781
|
$36.64
|
| Taxes |
$32,884
|
$5.72
|
| Operating Expenses |
$65,055
|
$11.31
|
| Total Expenses |
$97,939
|
$17.03
|
| Net Operating Income |
$112,842
|
$19.62
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $221,875 |
| Annual Per SF | $38.57 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $11,094 |
| Annual Per SF | $1.93 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $210,781 |
| Annual Per SF | $36.64 |
| Taxes (CAD) | |
|---|---|
| Annual | $32,884 |
| Annual Per SF | $5.72 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $65,055 |
| Annual Per SF | $11.31 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $97,939 |
| Annual Per SF | $17.03 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $112,842 |
| Annual Per SF | $19.62 |
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 | $2,089 CAD | 500 - 700 |
| Studios | 1 | $1,838 CAD | 300 - 500 |
| 4+3 | 1 | $4,676 CAD | 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 | $1,424,838 CAD (2026) |
| Land Assessment | $191,911 CAD (2026) | Annual Taxes | $32,884 CAD ($5.72 CAD/SF) |
| Improvements Assessment | $1,232,927 CAD (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
49-42-29-01-0100
Land Assessment
$191,911 CAD (2026)
Improvements Assessment
$1,232,927 CAD (2026)
Total Assessment
$1,424,838 CAD (2026)
Annual Taxes
$32,884 CAD ($5.72 CAD/SF)
Tax Year
2025
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2140-2160 NW 29th St
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