Updated Residential Income
For Sale
Contact for pricing
1-3-810 Nw 40th St, Oakland Park, FL 33334
Refreshed interior with open living space, efficient kitchen, and contemporary bathroom finishes.
Property Size1,785 SF
Price / SF$0.73
Days on Market62
Property Features for 1-3-810 Nw 40th St
General Information
Standard status
Active
Size
1,785 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$13,879
Amenities
wall-mounted Daikin A/C system
Listing Agency:
Flagler Duval
(954) 760-4888
Listed By:
Erod St Louis · License #3653062
(561) 827-9830
Source:
Exprealty
Added: Aug 26
Changed: Oct 17
Last Checked: Oct 24 at 6:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flagler Duval
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property features an updated interior organized around an open living area with tile flooring, neutral walls, recessed-style lighting, and large windows overlooking greenery. A wall-mounted Daikin A/C system provides climate control, while the compact kitchen includes white cabinetry, a stainless-steel sink, two-burner cooktop, storage, and a modern mosaic backsplash.
The bathroom has been refreshed with a contemporary vanity, updated fixtures, neutral finishes, and a tiled walk-in shower enclosed by glass. The property is located on NW 40th St in Oakland Park, Florida.
The bathroom has been refreshed with a contemporary vanity, updated fixtures, neutral finishes, and a tiled walk-in shower enclosed by glass. The property is located on NW 40th St in Oakland Park, Florida.
Key Highlights
- Updated interior with open living layout and neutral finishes
- Tile flooring, recessed‑style lighting, and large windows
- Wall‑mounted Daikin A/C system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,452
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,040
$549.0K
Cap Rate 7%
$392,171
$392.2K
Cap Rate 9%
$305,022
$305.0K
Market Conditions
NOI Build-Up for 1,785 SF
Gross rent
$52.3K $29.28/SF
− Vacancy
−$2.4K −$1.32/SF
EGI
$49.9K $27.96/SF
− OpEx
−$22.5K −$12.58/SF
NOI
$27.5K $15.38/SF
Area
Broward County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,040
Cap Rate 7%
$392,171
Cap Rate 9%
$305,022
Alternative Uses
Best Use
Apartment 5plus
$392.2K
$343.2K – $457.5K
NOI $27,452 @ 7.0% cap · market cap 2,111.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$905.6K
$792.4K – $1.06M
NOI $63,392 @ 7.0% cap · market cap 4,876.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
2,775
Businesses Nearby
Explore this area
Business Placement
Demographics for 33334, FL
30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Refreshed interior with open living space, efficient kitchen, and contemporary bathroom finishes.
Where is this residential income property located?
The property is located at 1-3-810 Nw 40th St Oakland Park, FL.
What are key features of this property?
This property features: Updated interior with open living layout and neutral finishes; Tile flooring, recessed‑style lighting, and large windows; Wall‑mounted Daikin A/C system
