Homes for sale in Oakland Park
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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.