Property profile

901 40Th St Oakland Park, FL 33334

OFF-MARKET
Apartment buildings
Property ID
US18-2337341
Built 1959
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Property summary

AI-generated overview

This exceptional 1-story triplex in Oakland Park, Florida, presents a compelling investment opportunity. Located at 901 NE 40th St, 33334, in Broward County, this 1959-built property boasts a desirable East Oakland Park location, offering convenient access to a vibrant culinary arts district. The property includes two 1-bedroom/1-bathroom units and a single efficiency unit, providing a diverse rental mix. Significant recent upgrades enhance its value and appeal, including a brand-new roof and the installation of tankless water heaters for increased energy efficiency. Ample parking is available, with space for up to seven vehicles. Residents enjoy the convenience of being within walking distance of numerous restaurants, bars, coffee shops, and the Downtown City Hall. Furthermore, the property's proximity to Publix, beautiful beaches, and Fort Lauderdale Airport adds to its desirability and rental potential. The asking price for this multifamily property is $569,900. This is a rare opportunity to acquire a well-maintained, high-demand property in a thriving location. The strong rental market and recent improvements make this an attractive investment for both seasoned and new investors seeking a solid return.

Property profile

Verified
Property type 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

Location

901 40Th St Oakland Park, FL 33334
Oakland Park metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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