Search
Triplex with Block Construction
For Sale
$830,000

1041 NE 35th St, Oakland Park, FL 33334

MULTI_FAMILY - Oakland Park, FL

Property Size1,453 SF
Lot Size0.27 Acres
Price / SF$571.23
Days on Market11

Property Features for 1041 NE 35th St

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description IN
Bedrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2
Parking 10
Subdivision OAKLAND PARK SECOND ADD
Lot features Oversized Lot
Standard status Active
APN 494223050740
Size 1,453 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description OAKLAND PARK SECOND ADD 1-39 B LOT 24,25 BLK 46
Tax Annual Amount 11618
Legal Description OAKLAND PARK SECOND ADD 1-39 B LOT 24,25 BLK 46

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Electric

Building Details

Year built 1926
Floors in Building 1
Flooring type Concrete
Building materials Block
Roof type Built-Up
Listing Agency: United Realty Group Inc
Listed By: Sergio Casali · License #3292132
Added: Jul 20 Changed: Jul 29 Last Checked: Jul 30 at 7:06PM
MLS# A12011853

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This investor-friendly triplex features block construction with concrete flooring and a built-up roof. The interior configuration includes three bedrooms and three bathrooms, and the property is cooled with electric systems. Cable is available and the home is served by public sewer. The building was constructed in 1926 and sits on a large lot of 11,600 square feet.

The property is located at 1041 NE 35th St, Oakland Park, FL 33334 in Broward County. Public remarks note that building code allows the construction of 4 townhouses.

With its existing triplex layout and clearly documented lot size, the property may appeal to investors looking for a residential income asset while considering future townhouse development potential permitted by code.

Key Highlights

  • 11,600 sqft lot size
  • 1,453 sqft triplex building size
  • Built in 1926 with block construction

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $36.6k $25.20
− Vacancy −$2.0k −$1.39
EGI $34.6k $23.81
− OpEx −$10.4k −$7.14
NOI $24.2k $16.67
1,453 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$346.0K
$302.8K – $403.7K (±1% cap)
NOI $24,221 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$319.2K
$279.3K – $372.4K (±1% cap)
NOI $22,346 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$737.2K
$645.0K – $860.0K (±1% cap)
NOI $51,602 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Hotel & Motel Cafe & Coffee Shop Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,623
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with electric cooling, concrete flooring, and public sewer on a large lot, built in 1926.
Where is this triplex located?
The property is located at 1041 NE 35th St Oakland Park, FL.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: 11,600 sqft lot size; 1,453 sqft triplex building size; Built in 1926 with block construction
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message