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Homes for sale in Oakland Park
Triplex

805 NE 40TH Street # 3

Oakland Park, FL 33334
$649,000
Sq ft
1,590
Year built
1959
Price per sq ft
$408

Listing courtesy of Brian J McCarthy, Grandiose Real Estate LLC

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.

Details

Property

Type
Triplex
Style
One Story
Year built
1959
Stories
1
Lot size
6,571 sq ft
Subdivision
Oakland Park
County
Broward County
View
Garden

Interior

Flooring
Tile
Cooling
Central Air
Heating
Central

Exterior and parking

Exterior
West Of Us1, Courtyard, Room For Pool
Patio and porch
Patio
Construction
CBS Construction, Slab Construction, Stucco
Roof
Comp Shingle Roof, Composition Roll, Shingle

Community and fees

Security
Curr Owner Wind Mit, Curr Owner Wind Mitig Cert Avail
Pets
Yes
Annual taxes
$11,287
Terms
All Cash, Conventional, FHA, FHA 203K, VA Loan

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 23, 2026.