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1279 NE 40TH Place, Oakland Park FL 33334

Multi-family For Sale
$749,000

BTC: 9.02409639

ETH: 307.97697368

New
0 room(s)
1,941 sqft

Overview

Excellent opportunity to own a well-maintained triplex in Oakland Park, Fort Lauderdale! This property features three 2-bedroom, 1-bathroom units, separate electric meters, new A/C units, a spacious backyard, and six front parking spaces. Situated on a quiet cul-de-sac, the property currently generates $5,300 in combined monthly rental income, offering an attractive opportunity for investors seeking rental income or owner-occupants looking to offset their housing expenses. Live in one unit while renting the other two, or rent all three units to maximize income potential. A proposed Brightline train stop just a few blocks away may offer added future convenience and appeal. Walk to restaurants and shoppes in downtown district of Oakland Park. Don't miss this versatile multifamily investment

Location

Florida • Oakland Park • 33334 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1957
Lot:
0.16 Acres
Heating:
Central Individual A/C
Price/sqft:
$386
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,045,000
$769K – $1.2M
Confidence Low
List vs. estimate
$296K below estimate
List $749,000 · -28.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$385
+8.0% vs. city median $357
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,894
2025
View
Garden
Pets
Allowed
All facts and features

  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Property

    • Levels: 1

    • Exterior Features: Other / Room For Pool

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 494223010090

    • Zoning: R-1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $12,894

  • Source details

    • MLS ID: B26090061

    Other facts

    • Construction Materials: CBS Construction / Slab Construction / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Less Than 1 Acre / No Bldg Included / Fenced

    • Window Features: Complete Impact Glass

    • Other Structures: None

    • Architectural Style: One Story

    • Living Area: 1941

    • Water Source: Public

    • Subdivision Name: East Oakland Park

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33334
182
median $659K
Active
Same city
Oakland Park
260
median $469K
Active
Same type
Multi-family
20
median $649K
Active
Similar price
$524K – $973K
82
median $700K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coastland Realty Inc