NOT LISTED FOR SALE

901 NE 40th St Oakland Park, FL 33334

Central Oakland Park Neighborhood

Estimated Value: $524,000 - $644,000

2 Beds
2 Baths
1,548 Sq Ft
$361/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $500,000 $323 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,817/month

34 Days on Market

Highlights

  • Fruit Trees
  • Ceramic Tile Flooring
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • 5-minute walk to Jaco Pastorius Park

About This Home

As of July 2024

Attention all Investors!! Here is a one of a kind opportunity to own a triplex in a prime area of East Oakland Park. This multi-family property features two 1 bedroom/1 bath units and an efficiency. The property has a new roof, tankless water heaters, up to seven parking spaces and mature mango and coconut trees. Walking distance to Funky Buddha Brewery, restaurants, bars, coffee shops and Downtown City Hall which are nestled in the Culinary Arts district. Minutes away from Publix, beaches and Fort Lauderdale Airport. Don't let the opportunity to live in sought out Oakland Park pass you by.

Last Agent to Sell the Property

Juan Rodriguez

Charles Rutenberg Realty FTL License #3301381 Listed on: 06/14/2024

Charles Rutenberg Realty FTL

Last Buyer's Agent

Juan Rodriguez

Charles Rutenberg Realty FTL License #3301381 Listed on: 06/14/2024

Charles Rutenberg Realty FTL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,575

Year Built

  • Built in 1959

Lot Details

  • Fenced
  • Fruit Trees

Parking

  • 7 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,548 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • 3 Units
  • Oakland Park/Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494223020170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,575

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I-95 to Oakland Park Blvd. East. Oakland Park Blvd. East to NE 6th Ave. Left on NE 6th Ave to NE 40th St. then turn right. Property is on the left.
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile
  • Living Area: 1548.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Lighting
  • Lot Features: Sprinklers Manual, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 494223020170
  • Zoning Description: R-1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8575.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Sep 5, 2024
Sold by
Home Venture Investments Llc
Bought by
Villa Marrakech Llc
Seller's Agent
Juan Rodriguez
Charles Rutenberg Realty FTL
Buyer's Agent
Juan Rodriguez
Charles Rutenberg Realty FTL
List Price
$625,000
Sold Price
$500,000
Premium/Discount to List
-$125,000
-20%
Views
7
Current Estimated Value
$558,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,538
Avg. Annual Appreciation
10.20%
Original Mortgage
$516,375
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 17, 2024
Sold by
Granados Edgar and Pacheco Elizabeth Santiago
Bought by
Home Venture Investments Llc
Seller's Agent
Juan Rodriguez
Charles Rutenberg Realty FTL
Buyer's Agent
Juan Rodriguez
Charles Rutenberg Realty FTL
List Price
$625,000
Sold Price
$500,000
Premium/Discount to List
-$125,000
-20%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,375
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 2005
Sold by
Granados Edgar and Pacheco Elizabeth Santiago
Bought by
Granados Edgar and Pacheco Elizabeth Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
9.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 1998
Sold by
Velez Maria and Velez Wilson
Bought by
Granados Edgar and Santiago Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,454
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 1997
Sold by
Landry Gary
Bought by
Velez Maria and Velez Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 1996
Sold by
Emc Mortgage Corp
Bought by
Landry Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
7.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 1995
Sold by
Great Western Bank
Bought by
Emc Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
7.29%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Villa Marrakech Llc $522,500 None Listed On Document
Home Venture Investments Llc $500,000 None Listed On Document
Granados Edgar -- Exclusive Title & Escrow
Granados Edgar $103,000 --
Velez Maria $80,000 --
Landry Gary $59,500 --
Emc Mortgage Corp $44,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Marrakech Llc $553,100
Closed Villa Marrakech Llc $516,375
Previous Owner Granados Edgar $225,000
Previous Owner Granados Edgar $150,000
Previous Owner Emc Mortgage Corp $10,316
Previous Owner Emc Mortgage Corp $102,454
Previous Owner Emc Mortgage Corp $64,000
Previous Owner Emc Mortgage Corp $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $500,000 -20.0% $323 / Sq Ft
06/14/2024 06/14/24 For Sale $625,000 -- $404 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,578 $510,650 $45,930 $464,720
2024 $8,575 $556,390 $45,930 $510,460
2023 $8,575 $223,760 $0 $0
2022 $7,387 $203,420 $0 $0
2021 $6,085 $184,930 $0 $0
2020 $5,627 $263,920 $45,930 $217,990
2019 $5,150 $228,980 $45,930 $183,050
2018 $4,876 $232,790 $45,930 $186,860
2017 $4,594 $126,320 $0 $0
2016 $4,140 $114,840 $0 $0
2015 $3,897 $104,400 $0 $0
2014 $3,681 $94,910 $0 $0
2013 -- $88,840 $45,930 $42,910
Source: Public Records

Agents Affiliated with this Home

  • Juan Rodriguez

    Seller's Agent in 2024

    Juan Rodriguez

    Charles Rutenberg Realty FTL

    (954) 541-1658

    2 in this area

    17 Total Sales

    Juan Rodriguez
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10445204

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-23-02-0170

Florida Broward County Oakland Park 33334 Central Oakland Park

901 NE 40th St, Oakland Park, FL

This home is located at 901 NE 40th St, Oakland Park, FL 33334 since 14 June 2024 and is currently estimated at $558,538, approximately $360 per square foot. This property was built in 1959. 901 NE 40th St is a home located in Broward County with nearby schools including Oakland Park Elementary School, James S. Rickards Middle School, and Northeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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