Duplex with Private
280 NE 40th Court, Oakland Park, FL 33334
For Sale
$638,000
Residential Income, Oakland Park, FL
Property Size1,781 SF
Price / SF$358.23
Days on Market278
Property Features for 280 NE 40th Court
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Patio and Porch features
Exterior features
Fencing
Subdivision
Lot features
Directions
Standard status
APN
Size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Dalton Wade Inc
(888) 668-8283
Listed By:
Rogerio Alves · License FL #3186063
(954) 798-3311
Added: Feb 5
Changed: Nov 1
Last Checked: Nov 9 at 9:06PM
MLS# F10550393
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 1,781-square-foot duplex in Oakland Park contains two residences, each with its own entrance. Recent work includes fresh paint, trimmed trees, and new side gates. The property also has central air, ceramic tile flooring, a patio, and fenced grounds.
Built in 1968, the building is constructed of concrete block with stucco and has public water and sewer. Wilton Manors, I-95, shopping, dining, and beaches are described as minutes away.
Built in 1968, the building is constructed of concrete block with stucco and has public water and sewer. Wilton Manors, I-95, shopping, dining, and beaches are described as minutes away.
Key Highlights
- Two residences, each with a private entrance
- 1,781 square feet; built in 1968
- Separate electric and water meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,215
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,300
$544.3K
Cap Rate 7%
$388,786
$388.8K
Cap Rate 9%
$302,389
$302.4K
Market Conditions
NOI Build-Up for 1,781 SF
Gross rent
$52.4K $29.40/SF
− Vacancy
−$2.9K −$1.62/SF
EGI
$49.5K $27.78/SF
− OpEx
−$22.3K −$12.50/SF
NOI
$27.2K $15.28/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,300
Cap Rate 7%
$388,786
Cap Rate 9%
$302,389
Alternative Uses
Best Use
Apartment 5plus
$388.8K
$340.2K – $453.6K
NOI $27,215 @ 7.0% cap · market cap 4.27%
Second Best
Multifamily LT 5
$298.7K
$261.4K – $348.5K
NOI $20,910 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$903.6K
$790.6K – $1.05M
NOI $63,250 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,653
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
$430,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Oakland Park, FL
Properties on Market for Duplexes in Oakland Park
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate electric and water meters give each residence independent utility service.
Where is this duplex located?
The property is located at 280 NE 40th Court Oakland Park, FL.
What is the asking price?
The asking price for this property is $638,000.
What are key features of this property?
This property features: Two residences, each with a private entrance; 1,781 square feet; built in 1968; Separate electric and water meters for each unit
