$764,999
3 bed
3 bath
2,061 sqft
1279 NE 40th Pl, Oakland Park, FL 33334
Multi Family For Sale
On ZeroDown for 4 months
MLS Status: Active
Est. sale price: $436,172
This represents an estimated sale price for this property, based
on currently available information on this home and historical
market data. It should not be taken as a substitute for a
professional appraisal developed by a licensed appraiser under
the Uniform Standards of Professional Appraisal Practice, nor as
a substitute for a formal comparative market analysis conducted
by a licensed real estate professional.
This desirable East Oakland Park triplex is excellent for annual or short-term rentals. Impact windows, two-year-old roof, two-year-old GE electric panels, five-year-old HVAC (all mini-splits), newer tankless water heaters, and copper/ PVC & CPVC water supply pipes. Two units have full-size laundry, and all units have tile flooring, granite counters, stainless appliances, and private entrances. One unit is on an annual lease, other two are month to month. Current income achieving 5.6% CAP rate. Very close to the Oakland Park entertainment district, Funky Buddha Brewery, grocers, and beach / I-95.
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$3,649
/month
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20% down, 30 year mortgage, 6.027% APR
All About The Home
Property Details for 1279 NE 40th Pl
Status
Active
Property Type
Residential Income, Triplex
Style
Attached
Community
Oakland Park
Year Built
1990
MLS #
A11308127
County
Virtual Tour
Time On ZeroDown
4 months
Floor Size
2,061 sqft.
City
Heating & Cooling Information
Heating:
Central
Cooling:
Central Air
Interior Information
Flooring:
Tile
Doors:
High Impact Doors
Windows:
Clear Impact Glass, Blinds, Impact Glass
Multi-Unit Information
# of Units:
3
Total Actual Rent:
$60,600.0
Rent Includes:
Gardener, Sewer, Trash Collection, Water
Unit Type 1 Information
# of Units:
1
Area:
785 Sq. Ft.
# of Baths/unit:
1
# of Beds/unit:
1
Furnishing:
Unfurnished
Monthly Income:
$2,000.0
Equipments:
Air Conditioning Unit, Circuit Breaker, Dishwasher, Dryer, Range, Refrigerator, Smoke Detector, Washer
Lease Status:
Month to Month
Unit Type 2 Information
# of Units:
1
Area:
400 Sq. Ft.
# of Baths/unit:
1
# of Beds/unit:
1
Furnishing:
Unfurnished
Monthly Income:
$1,700.0
Equipments:
Air Conditioning Unit, Circuit Breaker, Dishwasher, Electric Meter, Range, Refrigerator, Smoke Detector
Lease Status:
Leased
Unit Type 3 Information
# of Units:
1
Area:
535 Sq. Ft.
# of Baths/unit:
1
# of Beds/unit:
1
Furnishing:
Unfurnished
Monthly Income:
$1,450.0
Equipments:
Air Conditioning Unit, Dishwasher, Dryer, Range, Refrigerator, Washer
Lease Status:
Month to Month
See 20+ more property details
Listed by: Adam Eglin
•
Brokerage:
Level Realty Partners, LLC
•
MLS#: A11308127
•
Source: MIAMIRE
Details provided by
MIAMIRE
and may not match the public record.
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Financials
Market Comparison
There aren't too many bidding wars right now in 33334, with homes selling 4% below asking price over the last three months.
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Is this a good deal?
This Home
$765K
Can I rent this place out?
Avg zipcode price growth/year over last 3 years
17.40%
Home History
Public Facts about 1279 NE 40th Pl
Last sold date
Apr 19, 2021
Last assessed price
$245K
Around The Neighborhood
How Are the Schools near 1279 NE 40th Pl?
Greater Miami percentile
38.32%
National percentile
45.53%
Can I raise a family near 1279 NE 40th Pl?
Owner occupied
53.80%
Renter occupied
46.20%
What's nearby 1279 NE 40th Pl?
Number of stores nearby
22
What are my public transportation options near 1279 NE 40th Pl?
Transit Score
36
Walk Score
68
Where Can I Charge My Electric Vehicle near 1279 NE 40th Pl?
Number of charging stations nearby
1
Level 3 chargers nearby
0
Recently Sold Homes near 1279 NE 40th Pl
Homes sold this month
31
Homes sold last month
32
Quality of Life
Natural Hazards risk in Oakland Park
Flood Risk
High
Will I Like My Neighbors near 1279 NE 40th Pl?
Average Household Size
2.42
High School or Higher
83.60%
Who provides the best cell coverage near 1279 NE 40th Pl?
Best Cellular Provider
T-Mobile USA
Number of Towers
449
How to buy a home in Oakland Park
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