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

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805 NE 40th Street #1-3,Oakland Park, FL 33334
$649,000
  • - Beds
  • - Baths
  • 1,590 sq. ft.
  • Multi-family
  • Active
Listed by: brian j mccarthy
Office: grandiose real estate llc.
MLS#:B26079441
Source:RMLS

Price summary

  • Price:$649,000
  • Price per sq. ft.:$408.18

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.

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Home facts

  • Year built:1959
  • Subdivision & Development:Oakland Park
  • Listing ID #:B26079441
  • Added:1 day(s) ago
  • Updated:September 24, 2026 at 01:20 PM

Rooms and interior

  • Flooring:Tile
  • Living area:1,590 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1959
  • Building area:1,590 sq. ft.
  • Construction Materials:Block, Stucco
  • Exterior Features:Courtyard, Patio, Room for Pool
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Northeast
  • Middle school:James S. Rickards
  • Elementary school:Oakland Park

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$649,000
  • Price per sq. ft.:$408.18
  • Tax amount:$11,287 (2025)

Parking

  • Total parking spaces:5
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