Sold for $1,450,000

$1,450,000

281 NW 40th Street, Fort Lauderdale, FL 33309

5beds

4baths

4,393sqft

Quadruplex, Multi Family, Multi Family

Built in 1964

-- sqft lot

$1,516,300 Zestimate^®

$330/sqft

$3,121 Estimated rent

Home value

$1,516,300

$1.38M - $1.67M

$3,121/mo

Zestimate^® history

Owner options

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$3,121/mo

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$3,121/mo

Rent Zestimate^®

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$10,181/mo

Est. payment

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$10,181/mo

Est. payment

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What's special

LOCATED IN THE HEART OF OAKLAND PARK, THIS EXCEPTIONAL MULTIFAMILY PROPERTY PRESENTS A GREAT INVESTMENT OPPORTUNITY FEATURING 7 RENOVATED UNITS,2 units are: 2/1, 4 units are: 1/1 and 1 studio . BOASTING MODERN ELEGANCE AND FUNCTIONALITY, EACH UNIT HAS BEEN TASTEFULLY UPDATED WITH NEW FLOORS, KITCHEN ENHANCEMENTS INCLUDING GRANITE COUNTERTOPS AND STAINLESS STEEL APPLIANCES, IMPACT WINDOWS, A NEW ROOF INSTALLED IN 2024,UPDATED ELECTRICAL SYSTEMS, ENSURING WORRY-FREE OWNERSHIP. SITUATED MERE MINUTES FROM THE VIBRANT ATTRACTIONS OF OAKLAND PARK, INCLUDING DOWNTOWN, CORAL RIDGE MALL, WILTON DRIVE, AND THE BEACH, ITS PRIME LOCATION ENHANCES ITS APPEAL AND INVESTMENT POTENTIAL. WITH ITS GREAT VALUE AND IMPRESSIVE CAP RATE.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Other, Separate Meters

Cooling

Ceiling Fan(s), Wall/Window Unit(s)

Features

Flooring: Laminate
Windows: Impact Glass

Interior area

Total interior livable area: 4,393 sqft

Property

Features

Patio & porch: Porch, Screened, Balcony
Exterior features: Balcony, Outdoor Living Area, Porch
Fencing: Fenced

Lot

Features: < 1/4 Acre

Details

Parcel number: 494222082420
Zoning: RM-16

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family, Multi Family

Materials

Block
Roof: Shingle,Wood

Condition

Resale
New construction: No
Year built: 1964

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Cable Available

Community & neighborhood

Location

Region: Fort Lauderdale
Subdivision: Prospect Gardens 22-26 B

Other

Other facts

Listing terms: Cash,Conventional

Price history

Date	Event	Price
9/17/2024	Sold	$1,450,000-3%$330/sqft
Source: BeachesMLS #F10433311 Report a problem
8/21/2024	Pending sale	$1,495,000$340/sqft
Source: BeachesMLS #F10433311 Report a problem
5/29/2024	Price change	$1,495,000-3.5%$340/sqft
Source: BeachesMLS #F10433311 Report a problem
5/6/2024	Price change	$1,550,000-3.1%$353/sqft
Source: BeachesMLS #F10433311 Report a problem
4/8/2024	Listed for sale	$1,600,000$364/sqft
Source: BeachesMLS #F10433311 Report a problem