$649,000

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

38 days on market

Bathrooms
0
Living area
1,590 sqft
Price per sqft
$408
Type
Triplex
Year built
1959
Taxes
$11,287/yr
MLS #
B26079441

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.

Estimated subtotal

$941/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2025 annual tax, shown monthly
$941
HOANot in the MLS record
Not included

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

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The neighborhood

Oakland Park, 33334

Listing courtesy of Grandiose Real Estate LLC

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

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