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Mario Taormina

mario@mariotaormina.com +1(561) 235-9144

$ 649,000

Est. payment | -/mo

1,590 SqFt

Save Virtual Tour

$ 649,000

Est. payment | -/mo

Save Virtual Tour

1,590 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,590 sqft

Price per Sqft $408

Subdivision Oakland Park

MLS Listing ID B26079441

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1590

Year Built 1959

Annual Tax Amount $11,287

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Triplex

Property Description

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.

Location

State FL

County Broward

Area 3450

Zoning R-1

Rooms

Other Rooms Other, Storage

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Central Air

Flooring Tile

Equipment Other

Fireplace No

Window Features Jalousie,Storm Window(s),Shutters

Laundry Laundry Room

Exterior

Exterior Feature Courtyard, Garden, Outdoor Living Area, Other, Uncovered Courtyard, Room For Pool

Fence Back Yard, Fenced, Front Yard, Gate, Vinyl

Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None

View Y/N Yes

Water Access Desc Multiple Meters,Public

View Garden

Roof Type Composition,Shingle

Street Surface Asphalt

Accessibility None

Porch Patio

Road Frontage City Street

Total Parking Spaces 5

Private Pool No

Building

Lot Description Interior Lot, Sprinkler System, < 1/4 Acre

Dwelling Type Triplex

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Multiple Meters, Public

Level or Stories One

Additional Building Other, Storage

Structure Type Block,Stucco

New Construction No

Construction Status Resale

Schools

Elementary Schools Oakland Park

Middle Schools James S. Rickards

High Schools Northeast

Others

Senior Community No

Restrictions OK To Lease,Rental Restriction,See Remarks,Short Term Rentals Allowed

Tax ID 494223020110

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard, Listed As-Is

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/805-NE-40TH-Street-Unit-13-Oakland-Park-FL-33334--B26079441/unbranded

Listed by Brian J McCarthy Grandiose Real Estate LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 235-9144

mario@mariotaormina.com

122 W Pine St, Orlando, FL 32801-2647, USA

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

Mario Taormina

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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805 NE 40TH ST #1-3