Investment Overview

Coral Hills Apartments is a 4-unit apartment building located in the City of Oakland Park, Florida. The property is situated just west of Federal Highway (US 1), between Oakland Park Boulevard and Commercial Boulevard, and just west of the Coral Ridge Golf & Country Club. It is being offered for sale by a family that has owned and operated the property for close to 50 years. The property was constructed in 1958 of concrete block with painted stucco exterior and is comprised of a single one-story building on a large .30-acre site zone RM-25. The unit mix is comprised of (2) two-bedroom and one-bathroom apartments and (2) two-bedroom and two-bathroom apartments. The apartments average over 1,000 rentable square feet and are separately metered for all utilities including water. Each has an individual wall-unit air-conditioner and separate hot-water heater. There are eight open parking spaces and one covered carport. Additionally, there is an onsite laundry facility, although one apartment has its own washer and dryer. Oakland Park is a vibrant, growing community in Broward County known for its creative energy and suburban charm. The area offers a mix of cultural and recreational amenities, including Funky Buddha Brewery, Jaco Pastorius Park, and Easterlin Park, as well as easy access to Fort Lauderdale attractions such as Hugh Taylor Birch State Park and the NSU Art Museum. Residents enjoy proximity to major employers like Citrix, Bitdefender, and DataCore, along with regional employment hubs such as Baptist Health South Florida and NextEra Energy. Retail and service jobs are abundant, with nearby stores including Target, Walmart, and CVS. The property sits just west of US-1, less than two miles from the beach, and is conveniently close to Holy Cross Hospital. It also provides quick access to downtown Fort Lauderdale, which is only about 4 miles away—a short 10-minute drive—offering residents easy connectivity to the city’s business district, cultural venues, and nightlife.