Triplex
805 NE 40TH Street # 3
805 NE 40TH Street # 3, Oakland Park FL 33334
$649,000
1,590 SqFt
See estimated monthly costThis listing is courtesy of Grandiose Real Estate LLC. Brian J McCarthy
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.
Facts & features
Interior
- Living area (sq ft)
- 1,590
Building & exterior
- Year built
- 1959
- Lot size (sq ft)
- 6,571
- Garden
- West Of Us1
- Courtyard
- Other
- Room For Pool
HOA (homeowners association)
- Ok To Lease With Res
- No Daily Rentals
- See Broker Remarks
- Yes
Taxes
- Annual tax
- $11,287
- Tax year
- 2025
- Parcel number
- 494223020110
Assigned schools
- Elementary
- Oakland Park
- Middle
- James S. Rickards
- High
- Northeast
Listing
- MLS number
- B26079441
- Property type
- Triplex
- Price per SqFt
- $408
- Subdivision
- Oakland Park
- On market since
- Sep 23, 2026
- Days on market
- 0
Estimated monthly cost
$4,709 per month
- Principal & interest (30 yr)
- $3,282
- Property tax
- $941
- Insurance (estimated)
- $487
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
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