$649,000Active

805 NE 40TH Street 1-3, Oakland Park, FL 33334

Oakland Park, FL 33334

1,590

Sq Ft

$408

$/Sq Ft

1959

Year Built

0.15 acres

Lot Size

Listing Snapshot

List Price	$649,000
Price / Sq Ft	$408
Beds	0
Baths	0
Living Area	1,590 sqft
Lot Size	0.15 acres

Year Built	1959
Property Tax	$11,287.11/yr
MLS #	1191298178
Status	Active

About This Home

This non-conforming triplex in Oakland Park (currently two 1/1s and a studio) presents a solid income-producing investment opportunity.5% ROI with $56,000 in gross income and $22,000 in expenses. The property features approximately 1,590 square feet of finished living space across three separate units, each 1/1 has its own laundry and backyard and 2 parking spaces each. All hurricane windows and shutters, with newer AC and plumbing. Can be converted back to 2/2 and 1/1. Near Fort Lauderdale beach and walking distance to downtown Oakland Park. This income property offers a tangible asset with clear operational potential for an investor seeking long-term ownership and cash flow.

General Features

Property Type: ResidentialIncome
Sub-type: Triplex
Stories: 1
Parking Spaces: 5
Foundation: Slab
Zoning: R-1
Utilities: CableAvailable,ElectricityConnected,SewerConnected,WaterConnected
Subdivision: Oakland Park

Interior Features

Flooring: Tile
Heating: Central,SeparateMeters
Cooling: CentralAir
Laundry: LaundryRoom
Window Features: Jalousie,StormWindows,Shutters

Exterior Features

Construction: Block,Stucco
Exterior Features: Courtyard,Garden,OutdoorLivingArea,Other,UncoveredCourtyard,RoomForPool
Roof: Composition,Shingle
Lot Features: InteriorLot,SprinklerSystem,LessThanQuarterAcre
Patio / Porch: Patio
Fencing: BackYard,Fenced,FrontYard,Gate,Vinyl
Pool: No
View: Garden
Waterfront: No
Waterfront Features: None