Multifamily in Oakland Park, FL 33309
Prospect Gardens, 499 NW 42nd St #1-7

Beds
3,500
SqFt
$219
$/SqFt
Entry-Level Multifamily
Built in 1969
Significant price improvement. Price per unit is tough to beat In the heart of Oakland Park you will find this effeciently designed building with a big shed inside a new fence and gate. Roof is sound and redone in 2017. Plenty of parking on two sides of the building. BCPA says it is 7 units. It is 5 one bedrooms units and 1 efficiency house long term tenants. 5 are month to month and 1 lease expires in the Aug 31, 2024 and will not be renewed. Rents are below market with plent of room to raise rent. $142000 per unit. Large storage shed conveys with sale. Units 5 (one BR) and 6 (efficiency) were at one time a 2 BR 2 Bath unit and could be put back as a two bedroom with little work.
MLS Number: F10448933
On Site: 805 Days
Updated: 39 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None
        • Cooling Description: Electric
        Building and Construction
        • Floor Description: Tile
        • Year Built: 1969
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-07-05T12:27:51.000-00:00
          Taxes, Fees & More
          • Maintenance Includes: MaintenanceGrounds
          • Taxes: 15720
          • Real Estate Taxes: 661620
          • Total Floors in Building: 1
          • Total Units in Building: 3
          • Total Units in Complex: 3

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          Price History

          Current
          $765K
          High
          $999K
          Low
          $765K
          Total Change
          -23.4%
          $1M$882K$737KJul 24Jul 24Sep 24
          Date
          Event
          Price
          Change
          Price Per
          09/05/2024
          Price Reduced
          $765K
          -10%
          $219 ft2
          $2,353 m2
          07/31/2024
          Price Reduced
          $850K
          -14.91%
          $243 ft2
          $2,614 m2
          07/05/2024
          Listed
          $999K
           
          $285 ft2
          $3,072 m2
          09/05/2024
          $765K
          Event
          Price Reduced
          Change
          -10%
          Price Per
          $219 ft2
          $2,353 m2
          07/31/2024
          $850K
          Event
          Price Reduced
          Change
          -14.91%
          Price Per
          $243 ft2
          $2,614 m2
          07/05/2024
          $999K
          Event
          Listed
          Price Per
          $285 ft2
          $3,072 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Michael BiggieCharles Rutenberg Realty FTL • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          75

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          34

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          64

          100
          Sound Score®
          Bearable noise
          75

          100
          Airport Score
          Close to airports. Noticeable airport activity
          1

          100
          Traffic Score
          Congested area. Frequent traffic delays
          32

          100
          Local Score
          Limited local amenities nearby
          3

          100
          Community Snapshot
          3 – 5 BR
          Bedrooms
          $435K – $689K
          Price Tier
          724 - 11,314
          SqFt Range
          1976
          Year Build
          2
          Total Floors

          Subdivision Amenities

          Laundry
          None

          Oakland Park
          Entry-Level
          Entry-Level Homes & Condos

          Prospect Gardens Communities in Oakland Park, FL