1279 NE 40TH Place, Oakland Park, FL 33334

$749,000
Property Type: Residential Income Square Footage: 1,941 Status: Active
Current Price: $749,000 List Date: 10/19/2026 Last Modified: 10/28/2026

Overview

Description

Excellent opportunity to own a well-maintained triplex in Oakland Park, Fort Lauderdale! This property features three 1-bedroom, 1-bathroom units, separate electric meters, new A/C units, a spacious backyard, and six front parking spaces. Situated on a quiet cul-de-sac, the property currently generates $5,300 in combined monthly rental income, offering an attractive opportunity for investors seeking rental income or owner-occupants looking to offset their housing expenses. Live in one unit while renting the other two, or rent all three units to maximize income potential. A proposed Brightline train stop just a few blocks away may offer added future convenience and appeal. Walk to restaurants and shoppes in downtown district of Oakland Park. Don't miss this versatile multifamily investment

Listing Details MLS# B26090061

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
1941
Building Area Source
Public Records
Living Area Main
1941
Living Area Source
Public Records
Accessibility Features YN
No
Year Built
1957
Parking Total
6
Gated Community YN
No
Lot Size Area
7048
Lot Size Acres
0.16
Senior Community YN
No
Land Lease YN
No
Recreation Lease YN
No
Outdoor Living Spaces YN
No
Stories Total
Yes
Stories
Yes
Pool Private YN
No
LP/Assessed Value
1.43

Property Features

Documents Available: Copy Of Lease(s); Deposit - Security; Deposit Held; Equipment Lists Exterior Features: Other Fencing: Back Yard; Fenced Flooring: Ceramic Tile; Tile Foundation Details: Slab Property Condition: Resale; Updated/Remodeled Special Listing Conditions: Standard Structure Type: Triplex Tenant Pays: Cable TV; Electricity Construction Materials: Blown-In Insulation; CBS; Stucco Cooling: Ductless Heating: Central Individual Laundry Features: In Unit Levels: One Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Lot Features: Room for Pool Main Living Area: Entry Level Membership: No Membership Available Other Structures: None Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Dogs OK Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Roof: Composition; Flat Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available; Electricity Available; Sewer Connected; Water Available View: Garden Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; No Sign Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit; Window Coverings Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit; Window Coverings Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Other Equipment: Air Conditioning Unit; Window Coverings Unit 3 Parking Features: Parking Space Unit 3 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
749000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
1279
Street Direction Prefix
NE
Street Name
40TH
Street Suffix
Place
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33334
Postal Code +4
3000
Subdivision Name
East Oakland Park
Area
3360
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Elementary School
Oakland Park
Middle Or Junior School
James S. Rickards
High School
Northeast
Special Assessment YN
No
Parcel Number
494223010090
Subdivision Number
Yes
Zoning
R-1
Flood Zone
AE
Directions
Dixie Hywy to NE 38 St. Head east to NE 13 Ave take left then left on Ne $0th Place
Multiple Offers Accepted
No

Financial Information

Application Required YN
No
Master Association YN
No
Tax Annual Amount
12894.95
Tax Year
2025
Tax Assessed/SOH Value
522940
Tax Legal Description
23-49-42 BEG 50.25 E OF NW COR OF S1/3 OF NW1/4 OF SW1/4 OF NE1/4, E 73.48,S 95.77,W 73.96, N 95.73 TO POB LOT 1
Assessor Market Value
522940

Status Change Information

Major Change Timestamp
2026-10-19T17:15:03Z
Major Change Type
New Listing
Status Change Date
2026-10-19

More Information

Co-Ownership

Property Management YN
No

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
3
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
Yes

Pet Details

Pet Fee YN
Yes
Other Pet Restrictions
none

Storm Protection

Impact Glass
Complete

Unit 1 Details

Actual Rent
2000
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
700

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-02-28
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
1700
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
700

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2000-01-01
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Unit 3 Details

Actual Rent
1700
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
500

Unit 3 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-07-31
Occupant Type
Tenant

Unit 3 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
385.88

Originating Details

Originating System Key
20261014235636457757000000
Originating System ID
M00000170
IDX
Listing Office: Coastland Realty Inc
Source MLS Verified
Last Updated: October - 28 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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