Multifamily in Oakland Park, FL 33334Central Oakland Park, 805 NE 40th St #1-3
Beds
1,590
SqFt$408
$/SqFtPremium MultifamilyProperty Type
1959Year Built
$408/SqFtPrice per sq ft
GardenView
CourtyardExterior Features
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.
Listing Courtesy Of: Grandiose Real Estate LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 35 DaysUpdated: 34 Days agoPage Views: 0
Features
MLS Number: B26079441
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Courtyard, Garden, OutdoorLivingArea, Other, UncoveredCourtyard, RoomForPool
- View: Garden
Interior, Heating and Cooling
- Heating Description: Central, SeparateMeters
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Windows/Treatment: Jalousie, StormWindows, Shutters
- Construction Type: Triplex
- Year Built: 1959
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: Oakland Park
- Middle School: James S. Rickards
- Senior High School: Northeast
Other Property Info
- Listing Date: 2026-09-23T06:54:44.000-00:00
- Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
- Taxes: 11287.11
- Real Estate Taxes: 486050
- Total Floors in Building: 1
- Total Units in Building: 3
- Total Units in Complex: 3
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
09/23/2026
Listed
$649K
$408 ft2
$4,394 m2
09/23/2026
$649K
Event
Listed
Price Per
$408 ft2
$4,394 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Brian McCarthy • Grandiose Real Estate LLC • Buyer Agency Compensation .
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Community Snapshot
3 – 9 BR
Bedrooms
$450K – $2.4M
Price Tier
592 - 5,600
SqFt Range
1959
Year Build
1
Total Floors
Subdivision Amenities
None
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