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805 NE 40TH Street # 3, Oakland Park FL 33334

Multi-family For Sale
$649,000

BTC: 7.52027810

ETH: 259.60000000

New
0 room(s)
1,590 sqft

Overview

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

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

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1959
Lot:
0.15 Acres
Heating:
Central
Price/sqft:
$408
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$849,900
$679K – $1.2M
Confidence Low
List vs. estimate
$200K below estimate
List $649,000 · -23.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$408
+10.4% vs. city median $369
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,287
2025
View
Garden
Pets
Allowed
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Levels: 1

    • Exterior Features: West Of Us1 / Courtyard / Other / Room For Pool

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 494223020110

    • Zoning: R-1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $11,287

  • Source details

    • MLS ID: B26079441

    Other facts

    • Construction Materials: CBS Construction / Slab Construction / Stucco

    • Lot Features: Less Than 1/4 Acre Lot / Interior Lot / Less Than 1 Acre / West Of US 1 / Fenced

    • Patio And Porch Features: Patio

    • Window Features: Partial Accordian Shutters / Partial Impact Glass / Partial Panel Shutters/Awnings / Electric Shutters / Jalousie

    • Other Structures: Other Bldg Incl

    • Architectural Style: One Story

    • Living Area: 1590

    • Water Source: Public

    • Lot Size Dimensions: 65x100

    • Subdivision Name: 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
281
median $619K
Active
Same city
Oakland Park
417
median $399K
Active
Same type
Multi-family
26
median $649K
Active
Similar price
$454K – $843K
119
median $615K
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: Grandiose Real Estate LLC