629 NE 36th Street, Oakland Park, FL 33334
- $500,000
- 1,434
- SqFt
- List Price
- $500,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 187
- Price Change
- ▼ $50,000 1780867437
- MLS#
- B26008615
- Subtype
- Residential Income
- Year Built
- 1964
- Living Area
- 1,434
- Acres
- 0.20
- Subdivision
- Oakland Park Second Add
- Neighborhood
- FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
- MLS Area Major
- 3450
Property Description
50 THOUSAND DOLLAR PRICE REDUCTION. Opportunity knocks in Oakland Park with this high potential property offering multiple income strategies. Currently configured as a 4 bedroom, 3 bathroom single family home with one kitchen, the layout and exterior support a duplex configuration of a 1 bedroom, 1 bathroom and a 2 bedroom, 2 bathroom by adding a wall and second kitchen. Broward County Property Appraiser reflects the property as a duplex, reinforcing its investment appeal. Features include a newer roof, two electric meters and two water meters. Can be rented as a single family home or repositioned for dual income potential. Fully fenced yard plus additional fenced area beyond. Prime location near Wilton Manors, Downtown Fort Lauderdale, beaches, shopping, dining and major highways. This property presents a rare opportunity for investors to capitalize on multiple exit strategies within a single asset. The existing layout allows for continued use as a 4 bedroom, 3 bathroom residence or repositioning to a duplex style configuration, aligning with how the property is reflected by Broward County Property Appraiser. Separate electric and water meters already in place support income producing potential. The depth of the lot with an additional fenced area beyond the main yard creates added flexibility for outdoor use, storage, or future enhancements. Strong location demand near Wilton Manors, Downtown Fort Lauderdale and the beach further supports both rental and long term value. Opportunities with this level of flexibility, infrastructure, and positioning are not commonly available.
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Additional Information
- Exterior Features
- None
- Taxes
- $11,669
- Zoning
- R-1
- Flooring
- Tile
- Heating
- Central, Separate Meters
- Air Conditioning
- Central Air
- Exterior Construction
- Brick, Block, Stucco
- Stories
- 1
- Levels
- One
- Roof
- Shingle
- Elementary School
- Oakland Park
- Middle School
- James S. Rickards
- High School
- Northeast
- View
- Other
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Agent: Kenny Silverman | Email: kenny@silvermanfirst.com