Oakwood Villas — Sale in Fort Lauderdale, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Fort Lauderdale, FL 33334

Photos

Oakwood Villas — Sale in Fort Lauderdale, FL, photo 1 of 3
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Investment Figures

Cap rate
5.74%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Oakwood Villas is an 8-unit, garden-style apartment community located at 1520 NE 56th Street in the Coral Ridge Isles neighborhood of Fort Lauderdale, Florida. Built in 1965 on a 0.18-acre lot, the two-story, concrete block property offers a uniform unit mix of eight 1-bedroom/1-bathroom residences averaging 610 square feet, for 4,880 total rentable square feet. Six of the eight units (75%) have been fully renovated with new flooring, granite kitchen countertops, stainless-steel appliances, and updated bathroom fixtures. High-impact windows were installed between 2021 and 2024, and the property is served by municipal water and sewer, individually metered electric service through FPL, and third-party trash removal through Universal Waste. Offered free and clear of existing debt, Oakwood Villas presents an opportunity to acquire a stabilized, renovation forward asset in a well-located Fort Lauderdale in-fill submarket. In-place rents average $1,731 per unit against a pro forma market rent of $1,900, representing approximately 9% of embedded rent growth with no additional capital investment required. The seller is offering financing at 40% down, 7.00% interest-only, for a three-year term, with no windstorm insurance requirement. Investment Highlights: • 8-unit garden-style apartment community in Fort Lauderdale's Coral Ridge Isles neighborhood • 75% of units fully renovated with new flooring, granite countertops, and stainless-steel appliances • High-impact windows and mini-split A/C installed 2021–2024 • Seller financing available (60% LTV, 7% IO, 3-year term, no windstorm insurance required) • Individually metered electric; tenants responsible for electric and internet • Durable concrete block construction and municipal water/sewer service

Market Context

This multifamily in Fort Lauderdale, FL is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Fort Lauderdale, FL — view the full market.

As of Q4 2025, the Fort Lauderdale multifamily market showed a 5.1% vacancy rate, and average asking rents near $2414.00/unit/mo. Source: multiple brokerage reports, Q4 2025.

Tight vacancy keeps competition for quality space elevated.

Multifamily market FAQ

Is the Fort Lauderdale multifamily market tightening or softening?
Vacancy is around 5.1% (Q4 2025).

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