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Offered at $649,000Active
beds
—
baths
0
sq ft
1,590
Built
1959

805 NE 40TH Street #1-3

Oakland Park, FL 33334

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.

Listing last checked: Listing updated:

Listed by Brian J McCarthy · Grandiose Real Estate LLC · MLS #B26079441

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Details at a glance

Interior3 property facts
Heating
Central, Separate Meters
Cooling
Central Air
Flooring
Tile
Building5 property facts
Style
Triplex
Year built
1959
Parking
5
Foundation
Slab
Roof
Composition, Shingle
Land & utilities4 property facts
Lot size
0.15 acres
Water
Public
Sewer
Public Sewer
Zoning
R-1
Financial2 property facts
Annual taxes
$11,287
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $649,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,222 / monthAdjust
Principal & interest
$3,282
Property tax
$941
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $11,287. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. Ter

    $699,000 · Jun 19, 2026

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About 805 NE 40TH Street #1-3

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Request a tour of 805 NE 40TH Street #1-3 and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.