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Updated Quadplex

810 NW 40TH #1-3, Oakland Park, FL 33309

For Sale
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Updated interiors combine open living space, tile flooring, dedicated cooling, and a compact kitchen with stainless-steel fixtures.

Property Size1,785 SF
Price / SF$0.73
Days on Market76

Property Features for 810 NW 40TH #1-3

General Information

Standard status Active
Size 1,785 SF
Property subtype Quadruplex

Building Details

Year Built 1962
Listing Agency: Flagler Duval
Listed By: Erod St Louis · License FL #3653062
Source: Lehmannflorida
Added: Aug 26 Changed: Nov 9 Last Checked: Nov 8 at 6:35AM

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

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Investment Insights

Based on property information with market context.

This 1,785-square-foot quadplex, built in 1962, features updated interior finishes and an efficient residential layout. The living area includes tile flooring, neutral paint, recessed-style lighting, large windows, and a wall-mounted Daikin A/C system. Views toward greenery add natural light and an open feel.

The compact kitchen is equipped with white cabinetry, a stainless-steel sink, two-burner cooktop, storage, and a modern mosaic backsplash. The bathroom includes a contemporary vanity, updated fixtures, neutral finishes, and a tiled walk-in shower enclosed by glass. The property is located at 810 NW 40TH Unit 1-3 in Oakland Park, Florida 33309.

Key Highlights

  • 1,785 SF quadplex built in 1962
  • Updated interiors with tile flooring and neutral finishes
  • Wall‑mounted Daikin A/C system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,957
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,140 $419.1K
Cap Rate 7%
$299,386 $299.4K
Cap Rate 9%
$232,856 $232.9K
Market Conditions
NOI Build-Up for 1,785 SF
Gross rent
$30.8K $17.28/SF
− Vacancy
−$907 −$0.51/SF
EGI
$29.9K $16.77/SF
− OpEx
−$9.0K −$5.03/SF
NOI
$21.0K $11.74/SF
Area
Broward County, FL
Vacancy
2.94%
Lease Rate
$17.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,140
Cap Rate 7%
$299,386
Cap Rate 9%
$232,856

Alternative Uses

Best Use
Apartment 5plus
$389.7K
$341.0K – $454.6K (±1% cap)
NOI $27,276 @ 7.0% cap
Second Best
Multifamily LT 5
$299.4K
$262.0K – $349.3K (±1% cap)
NOI $20,957 @ 7.0% cap
Theoretical Best
Office A
$905.6K
$792.4K – $1.06M (±1% cap)
NOI $63,392 @ 7.0% cap
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

Demographics for 33309, FL

37,642
Population
14,783
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
9.7 sq mi
ZIP Area
3,881
Density / Sq Mi
$73,496
Median Household Income
$35,850
Median Earnings
$1,829
Median Rent
$309,100
Median Home Value

Market

Average Price Trend$/SF for Quadplexes in Broward County, FL

$510 Jul
$488 Aug
$513 Sep
$526 Oct

Properties on Market for Quadplexes in Broward County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Updated interiors combine open living space, tile flooring, dedicated cooling, and a compact kitchen with stainless-steel fixtures.
Where is this quadplex located?
The property is located at 810 NW 40TH #1-3 Oakland Park, FL.
What are key features of this property?
This property features: 1,785 SF quadplex built in 1962; Updated interiors with tile flooring and neutral finishes; Wall‑mounted Daikin A/C system
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Includes: Price & PSF · Cap rate · Location · Zoning

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