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    OFF-MARKET
    Small apartment buildings

    901 40Th Dr, Oakland Park, FL 33334

    Built 1959
    Property ID
    US18-2337341
    Property summary
    AI-generated overview

    This exceptional triplex in desirable East Oakland Park, Florida presents a lucrative investment opportunity. Built in 1959, this single-story building boasts a newly installed roof and modern tankless water heaters, minimizing maintenance concerns and maximizing efficiency. The property comprises two one-bedroom, one-bathroom units and a convenient efficiency unit, providing diverse rental income streams. Ample parking is available, with space for up to seven vehicles. Its strategic location offers unparalleled convenience, with easy walking access to a vibrant array of restaurants, bars, coffee shops, and the City Hall, all situated within the thriving Culinary Arts district. Residents enjoy proximity to major amenities, including a Publix supermarket, beautiful beaches, and Fort Lauderdale-Hollywood International Airport, enhancing the property's appeal to tenants. The address is 901 NE 40th St, Oakland Park, FL 33334, in Broward County. The asking price for this well-maintained multifamily property is $569,900. This represents a strong investment opportunity in a high-demand area with excellent potential for long-term growth and rental income.

    Property profile
    Verified
    Property type Small apartment buildings
    Year built 1959
    UPID US18-2337341
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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