Active

281 NW 40th St

Fort Lauderdale FL, 33309

$1,550,000


$352.83 per sqft

Active

4,393 sqft

Multi-family

Built in 1964

LOCATED IN THE HEART OF OAKLAND PARK, THIS EXCEPTIONAL MULTIFAMILY PROPERTY PRESENTS AN UNPARALLELED INVESTMENT OPPORTUNITY FEATURING SEVEN METICULOUSLY RENOVATED UNITS. 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, AND 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.

F10433311

MLS ID

April 8, 2024

Listed

May 9, 2024

Updated

Map

281 NW 40th St
Fort Lauderdale FL, 33309

Interior Features

Total Stories

1


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

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


Heating

Yes


Heating Description

Other

Exterior/Building Features

Exterior Features

Enclosed Porch, Fence, Lighting


Lot Features

1/4 Acre


Architectual Style

Fourplex


Roof

Shingle, Wood


Sewer

Public Sewer

Other Property Details

Area Name

3390


Taxes

$18,746


Tax Frequency

Annually


Days on Market

28


Garage

No


Parking Total

9


View

No


County

Broward County


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/6/2024

Price Change

$1,550,000

-4%

Listed by: Gala Real Estate Services
Listing Contact: (954) 638-7034 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 1:53 PM UTC, 5/9/2024

 

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