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    754 NE 40Th St Fort Lauderdale, FL 33334

    For Sale
    $745,000

    Turn-key triplex near Oakland Park's new downtown development district.

    Lot size:
    0.16 Acres

    Property Features for 754 NE 40Th St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1959

    Source: Charles Rutenberg Realty FTL Agent Sal Pusateri

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Triplex Near Downtown Development

    This renovated triplex is centrally located near the new Oakland Park Downtown development district and a proposed Brightline train stop. Situated in a primarily single-family neighborhood, the property features two 1-bedroom, 1-bathroom apartments with full kitchens, and one studio with a full bath and kitchenette. The property has new impact windows and doors throughout, along with new mini-split AC units in each apartment. Additional updates include new electrical panels and tankless water heaters. The property also features new flooring, interior doors, and trim. The building has a newer flat cement tile roof. Updated lush tropical landscaping complements the large yard. Front yard parking provides room for multiple cars. The property is income-producing and has potential as a hotel rental.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1371422
    Latitude
    26.175593

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    FAQs

    What type of property is this?
    Triplex - Turn-key triplex near Oakland Park's new downtown development district.
    Where is this triplex located?
    The property is located at 754 NE 40Th St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: - Turn-key renovated triplex with income-producing potential or hotel rental possibility.; - Prime location near Oakland Park Downtown development district and proposed Brightline train stop.; - New impact windows and doors throughout the property.
    (772) 285-1759
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    754 NE 40Th St Fort Lauderdale, FL 33334
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    754 NE 40Th St Fort Lauderdale, FL 33334
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