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190 NE 40th Street, Oakland Park, FL 33334 (MLS# F756400)

190 NE 40th Street, Oakland Park, FL 33334

$400,000
Property Type: Residential Income Square Footage: 3,160 Status: Closed
Current Price: $400,000 List Date: 8/09/2006 Last Modified: 5/17/2026

Overview

Description

Oakland Park Fourplex in PRIME RENTAL AREA! 3, 2 Bed 1 Bath and 1, 1 Bedroom and 1 Bath (2 apartments in the front and 2 in the rear). Gross Annual rents are $36,660, All tennants on Month to Month. Revenues could be easily increased by raising rents and installing coin ops. Very low vacancy rate. Steadily INCREASING RENTS and EQUITY APPRECIATION make this property a GREAT INVESTMENT! THIS PROPERTY WILL CASHFLOW FROM THE START!

Listing Details MLS# F756400

General Property Information

Number Of Units Total
44
Property Sub Type
Quadruplex
Building Area Main
3160
Living Area Main
3102
Year Built
1971
Lot Size Dimensions
6379X
Stories Total
Yes
Pool Private YN
No
LP/Assessed Value
1.71

Property Features

Association Fee Includes: Maintenance Grounds; Trash; Water Documents Available: Rent Rolls Flooring: Carpet; Ceramic Tile; Terrazzo Property Condition: Resale Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Listing Terms: Conventional; Other Possession: Negotiable Restrictions: Other Restrictions Roof: Composition; Shingle Sewer: Public Sewer Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony; Porch Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Smoke Detector(s) Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Kitchen Unit 2 Appliances: Range; Refrigerator; Other Unit 2 Other Equipment: Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 3 Appliances: Range; Refrigerator; Other Unit 3 Other Equipment: Smoke Detector(s) Unit 3 Parking Features: Parking Space Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Smoke Detector(s) Unit 4 Parking Features: On Street Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
459900
Owner Phone
954-729-9673

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
190
Street Direction Prefix
NE
Street Name
40th
Street Suffix
Street
City Name
Oakland Park
State Or Province
FL
Postal Code
33334
Postal Zip
33334
Subdivision Name
BONIELLO GARDENS 2ND
Area
3450
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number
494222270050
Subdivision Number
27
Zoning
RES
Directions
EAST OF I95 ON OAKLAND PARK BLVD, NORTH ON ANDREWS AVE, EAST ON NE 43RD ST (WATCH FOR THE KFC), THEN SOUTH ON NE 1ST TER, THEN EAST ON NE 40TH ST TO PROPERTY ON RH SIDE.

Financial Information

Tax Annual Amount
6311
Tax Year
2005
Tax Assessed/SOH Value
237500
Tax Legal Description
BONIELLO GARDENS 2ND ADD 66-29 B LOT 11 BLK 1
Assessor Market Value
237500

Status Change Information

Major Change Timestamp
2006-10-24T23:21:47Z
Major Change Type
Status Change
Price Change Timestamp
2006-08-21T06:35:36Z
Status Change Date
2006-10-26
Under Contract Date
2006-09-25
Close Date
2006-10-24
Close Price
400000
Buyer Financing
Conventional

More Information

Co-Ownership

Property Management YN
No

Income and Expenses

Net Operating Income
19400
Operating Expense
17260
Gross Scheduled Income
36660

Unit 1 Details

Actual Rent
810
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
750

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
790
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
750

Unit 2 Lease Description

Lease Term
Month To Month

Unit 3 Details

Actual Rent
810
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
750

Unit 3 Lease Description

Lease Term
Month To Month

Unit 4 Details

Actual Rent
645
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
650

Unit 4 Lease Description

Lease Term
Month To Month

Price Calculations

Current Price To SqFt
128.95
Original List Price To Close Price
0.86

Section Details

Parcel Number MLX
0050

Originating Details

Originating System Key
1645627
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
FLL

Association Fee Includes

Maintenance Grounds
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Terrazzo
Yes

Property Condition

Resale
Yes

Special Information

Sold As-Is
Yes

Documents Available

Rent Rolls
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Central
Yes
Electric
Yes

Construction Materials

CBS
Yes

Listing Terms

Conventional
Yes
Other
Yes

Roof

Composition
Yes
Shingle
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes
Electric
Yes

Showing Requirements

Call Listing Agent
Yes

Restrictions

Other Restrictions
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Outdoor Living Spaces

Balcony
Yes
Porch
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Other Equipment

Smoke Detector(s)
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Rooms

Family Room
Yes
Kitchen
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes
Other
Yes

Unit 2 Other Equipment

Smoke Detector(s)
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes
Other
Yes

Unit 3 Other Equipment

Smoke Detector(s)
Yes

Unit 3 Parking Features

Parking Space
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Other Equipment

Smoke Detector(s)
Yes

Unit 4 Parking Features

On Street
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Unknown Office
IDX
Last Updated: May - 17 - 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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