About 805 Ne 40th Street #1-3
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.
Features of 805 Ne 40th Street #1-3
| MLS® # | B26079441 |
|---|---|
| Price | $649,000 |
| Square Footage | 1,590 |
| Acres | 0.15 |
| Year Built | 1959 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | New |
Community Information
| Address | 805 Ne 40th Street #1-3 |
|---|---|
| Area | 3450 |
| Subdivision | Oakland Park |
| City | Oakland Park |
| County | Broward |
| State | FL |
| Zip Code | 33334 |
Amenities
| Utilities | Cable Available, Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| View | Garden |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Central, Separate Meters |
|---|---|
| Cooling | Central Air |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Garden, Other, Courtyard |
|---|---|
| Lot Description | Interior Lot, Room for Pool |
| Windows | Storm Window(s), Jalousie, Shutters |
| Roof | Composition, Shingle |
| Construction | Stucco, CBS |
School Information
| Elementary | Oakland Park |
|---|---|
| Middle | James S. Rickards |
| High | Northeast |
Additional Information
| Zoning | R-1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Grandiose Real Estate LLC |
|---|---|
| Phone | 954-258-1435 |