South Florida
Closed
Prospect Gardens, 281 NW 40th St, Fort Lauderdale, FL 33309
1,495,000(-3.01% )
Details
Save
Status:
Sold - Sep 17, 2024
Size: 4,393 SqFt (408 m2)
Price: $330/SqFt ($3,553/m2)
Type: Multi Family
Built: 1964
MLS Number: F10433311
On Site: 490 Days
Updated: 321 Days ago
Page Views: 0
Located in the heart of oakland park, this exceptional multifamily property presents a great investment opportunity featuring 7 renovated units,
2 units are: 2/1, 4 units are: 1/1 and 1 studio . Boasting modern elegance and functionality, each unit has been tastefully updated with new floors, kitchen enhancements including granite countertops and stainless steel appliances, impact windows, a new roof installed in 2024,
updated electrical systems, ensuring worry-free ownership. Situated mere minutes from the vibrant attractions of oakland park, including downtown, coral ridge mall, wilton drive, and the beach, its prime location enhances its appeal and investment potential. With its great value and impressive cap rate.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: EnclosedPorch, Fence, Lighting
Interior, Heating and Cooling
- Heating Description: Other
- Cooling Description: CeilingFans, WallWindowUnits
Building and Construction
- Floor Description: Laminate
- Windows/Treatment: ImpactGlass
- Year Built: 1964
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-04-08T14:02:13.000-00:00
Taxes, Fees & More
- Taxes: 18746
- Total Units in Building: 4
Price History
09/17/2024
Date
Sold
Event
$1.5M
Price
-3.01%
Change Rate
$330 ft2 / $3,553 m2
Price Per
05/29/2024
Date
Price Reduced
Event
$1.5M
Price
-3.55%
Change Rate
$340 ft2 / $3,663 m2
Price Per
05/06/2024
Date
Price Reduced
Event
$1.6M
Price
-3.13%
Change Rate
$353 ft2 / $3,798 m2
Price Per
04/08/2024
Date
Listed
Event
$1.6M
Price
$364 ft2 / $3,920 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Eyal Halali • Gala Real Estate Services • Buyer Agency Compensation .
Instant Comps
$100/ft²
$100/ft²
$300/ft²
$500/ft²
Unit 281 NW 40th St – Asking
$330/ft²
(+30%) from Closed Medium $/ft²
Closed Medium $/ft²
$254/ft²
Community $/Price Range (Closed) $219/ft² – $330/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
THINKING OF SELLING IN Prospect Gardens at Fort Lauderdale?
Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.
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