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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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805 NE 40th Street 1-3 , Oakland Park, FL 33334
$649,000
Est. Payment: $3,464.72/mo
1590 Sqft
0.15 Acres
Status: active | Days on site: 22
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FLL276614482 - FLL3213610
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House Description

This non-conforming triplex in Oakland Park (currently two 1/1s and a studio) presents a solid income-producing investment opportunity.5% ROI with $56,000 in gross income and $22,000 in expenses. The property features approximately 1,590 square feet of finished living space across three separate units, each 1/1 has its own laundry and backyard and 2 parking spaces each. All hurricane windows and shutters, with newer AC and plumbing. Can be converted back to 2/2 and 1/1. Near Fort Lauderdale beach and walking distance to downtown Oakland Park. This income property offers a tangible asset with clear operational potential for an investor seeking long-term ownership and cash flow.

Highlights

Listed by Brian J McCarthy , 954-258-1435 Grandiose Real Estate LLC , 954-650-0597. REALTOR Association of Greater Miami and the Beach

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1959

County

Broward

Area

3450

Neighborhood

Oakland Park

Listing ID

B26079441

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Tile
Other:
  • ▪ Additional:Main Living Area Entry Level
Water:Public

Exterior Features

Lot:<1 Acre,Interior Lot,Sprinkler System,< 1/4 Acre
Zoning:R-1
Roof:Composition,Shingle
Others:
  • ▪ Additional:Courtyard, Fence, Patio, Room For Pool, Shutters Electric, Storm/Security Shutters
Sewer:Public Sewer
Principal Interest
$3,465
Taxes
$941

Home Price

$649,000

Loan Details

30 yrs
7.03%

Down Payment

20%
$129,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,464.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,464.72 $940.58 $0.00 $4,405.30
Yearly $41,576.61 $11,287.00 $0.00 $52,863.61
Total $1,247,298.36 $338,610.00 $0.00 $1,585,908.36

Today's Rates

30 Year

7.03%

20 Year

6.92%

15 Year

6.45%

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Market insight data is pulled from the same city as the listing being viewed (Oakland Park, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-02T13:07:58.000Z

© 2026 REALTOR Association of Greater Miami and the Beach