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220-230 NE 40th Street 1-6, Oakland Park, FL 33334 (MLS# R10278417)

220-230 NE 40th Street 1-6, Oakland Park, FL 33334

$640,000
Property Type: Residential Income Square Footage: 5,296 Status: Closed
Current Price: $640,000 List Date: 11/21/2016 Last Modified: 5/24/2026

Overview

Description

This property is perhaps one of the nicest looking multi-family properties on the block. It also has an excellent unit mix comprised of 2, two-bedroom, two bath units and 4, two bedroom, one bath units. Consisting of two tri-plexes, each building has it’s own tax portfolio. These large units are perfect for couples or small families. All have impact shutters and central air conditioning. Each unit is separately metered for electric. Interiors are clean and well kept with some updates. There are eleven parking spaces which is unusually high for a six unit property. Two of the six tenants have leases which allows a new owner to quickly increase rents which are currently below market.

Listing Details MLS# R10278417

General Property Information

Number Of Units Total
6
Property Sub Type
Triplex
Building Area Main
5296
Building Area Source
Other
Living Area Main
5200
Year Built
1971
Lot Size Area
13268
Lot Size Acres
0.3
Senior Community YN
No
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Investment Analysis Flooring: Ceramic Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity Source Of Expenses: Owner Provided; Other Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Lot Features: Room for Pool Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Tax Information: City/County Utilities: Electricity Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only Unit 1 Appliances: Range; Refrigerator Unit 1 Interior Features: Walk-In Closet(s) Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Family Room; Laundry Room; Separate Dining Unit 2 Appliances: Range Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
685000

Location and Legal

County Or Parish
Broward
County Parish Name
Broward
Street Number
220-230
Street Direction Prefix
NE
Street Name
40th
Street Suffix
Street
Unit Number
1-6
City Name
Oakland Park
State Or Province
FL
Postal Code
33334
Postal Zip
33334
Subdivision Name
BONIELLO GARDENS 2ND ADD
Area
3450
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number
494222270020
Zoning
RM-25
Directions
Take Andrews Avenue South From Commercial Blvd. and head East to NE 41st Street, then South on NE 1st Avenue and then East on NE 40th to the property. Property for sale is 220 and 230 (six units)

Financial Information

Tax Annual Amount
5521.41
Tax Year
2015
Tax Legal Description
BONIELLO GARDENS 2ND ADD 66-29 B LOT 8 BLK 1

Status Change Information

Major Change Timestamp
2017-01-21T15:04:04Z
Major Change Type
Status Change
Status Change Date
2017-01-21
Under Contract Date
2016-12-21
Close Date
2017-01-17
Close Price
640000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
29965
Gross Income
51600
Net Operating Income
48467

Unit 1 Details

Actual Rent
6600
Baths Full
8
Furnished
Unfurnished
SqFt
5296

Unit 2 Details

Furnished
Unfurnished
Actual Rent
0
SqFt
0

Price Calculations

Current Price To SqFt
123.07
Original List Price To Close Price
1.07

Originating Details

Originating System Key
20161027144232835400000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Documents Available

Investment Analysis
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Room for Pool
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes
Other
Yes

Cooling

Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Contingencies

None
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Interior Features

Walk-In Closet(s)
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Rooms

Family Room
Yes
Laundry Room
Yes
Separate Dining
Yes

Unit 2 Appliances

Range
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 2 Rooms

Kitchen
Yes

Unit 3 Details

Actual Rent
0
SqFt
0

Unit 4 Details

Actual Rent
0
SqFt
0

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Coldwell Banker Commercial
IDX
Last Updated: May - 24 - 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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