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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.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $214,173 $37.23
Other Income - -
Vacancy Loss $10,709 $1.86
Effective Gross Income $203,464 $35.37
Taxes $31,742 $5.52
Operating Expenses $62,797 $10.92
Total Expenses $94,539 $16.44
Net Operating Income $108,924 $18.94

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $214,173
Annual Per SF $37.23
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $10,709
Annual Per SF $1.86
Effective Gross Income (CAD)
Annual $203,464
Annual Per SF $35.37
Taxes (CAD)
Annual $31,742
Annual Per SF $5.52
Operating Expenses (CAD)
Annual $62,797
Annual Per SF $10.92
Total Expenses (CAD)
Annual $94,539
Annual Per SF $16.44
Net Operating Income (CAD)
Annual $108,924
Annual Per SF $18.94

Property Facts

Price $1,814,906 CAD
Price Per Unit $259,272 CAD
Sale Type Investment
Cap Rate 6%
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.45 AC
Building Size 5,752 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1961/2023
Parking Ratio 1.2/1,000 SF
Zoning B-3 - Allows for commercial and residential use.

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 $2,017 CAD 500 - 700
Studios 1 $1,774 CAD 300 - 500
4+3 1 $4,513 CAD 1,500 - 2,000
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
49-42-29-01-0100
Land Assessment
$188,114 CAD (2026)
Improvements Assessment
$1,208,536 CAD (2026)
Total Assessment
$1,396,650 CAD (2026)
Annual Taxes
$31,742 CAD ($5.52 CAD/SF)
Tax Year
2025
  • Listing ID: 40478134

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: 2140-2160 NW 29th St, Oakland Park, FL 33311

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