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$600,000
3981 NE 8th Avenue
Oakland Park, FL 33334
MLS# F10294278
Status: Closed



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Property Description
AN AMAZING INVESTMENT PROPERTY IN OAKLAND PARK, PROPERTY FEATURES 4 UNITS WITH TWO BUILDINGS. THE MAIN HOUSE IS A 2/1 WITH ITS OWN LAUNDRY ROOM. THE TWO STORY BUILDING IS A 2/1 UPSTAIRS AND A 1 BEDROOM AND AN EEFFICENCY DOWNSTAIRS. THE UPSTAIRS UNIT IS A LONG TERM TENANT ON MONTH TO MONTH. THE REST OF THE UNITS LEASES REMAIN FOR A COUPLE OF MONTHS, EASILY CAN BE RENTED FOR MORE ABOVE 5K A MONTH. AT THE CURRENT RENT IT IS A 7% CAP PROPERTY. THIS PROPERTY HAS TWO ENTRANCES FROM TWO DIFFERENT STREETS WITH PLENTY OF PARKING. IDEAL FOR OWNER OCCUPANT WHO WANTS TO RENT OUT THE REST AND HELP COVERING THEIR EXPENSES OR PUT A POOL IN AND TURN IT INTO AN AIRBNB. THE LOT WOULD ALSO BE GOOD TO DEVOLOP TOWNHOMES AS CAN PUT IN 6 OR MORE.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2021-07-24
Status: Closed
Original List Price: 600000
Sold Price: $600,000
Current Price: $600,000
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Oakland Park
Postal Zip: 33334
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Country: United States
Street Number: 3981
Street Direction Prefix: NE
Street Name: 8th
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33334
Postal Code +4: 3001
Subdivision Name: Oakland Park Second Add 1
Area: 3450
Parcel Number: 494223053145
Zoning: R-1
Directions: NE 6 AVE NORTH TO NE 39 ST, NORTH OF OAKLAND PARK BLVD, RT ON 39 ST, LEFT ON NE 8 AVE LAST PROPERTY ON LEFT
General Property Information
Number Of Units Total: 4
Living Area Main: 2220
Gated Community YN: No
Stories Total: 2
Pool Private YN: No
LP/Assessed Value: 2
Property Sub Type: Quadruplex
Year Built: 1959
Financial Information
Tax Assessed/SOH Value: 300290
Assessor Market Value: 300290
Tax Annual Amount: 7484
Tax Year: 2020
Tax Legal Description: OAKLAND PARK SECOND ADD 1-39 B LOTS 13,14 & 15,LESS S 50 THEREOF & LESS PT DESC'D,BEG AT NE COR OF LOT 15,WLY 80.70, SLY 110.80,ELY 80.70,NL
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2021-09-03T22:19:08Z
Major Change Type: Status Change
Status Change Date: 2021-09-03
Under Contract Date: 2021-08-03
Close Date: 2021-09-03
Close Price: 600000
Association Fee Includes
Water: 1
Flooring
Tile: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Co-Ownership
Property Management YN: No
Documents Available
Deposit - Last Months Rent: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Flat: 1
Tile: 1
Cooling
Central Air: 1
Showing Requirements
Appointment Only: 1
Restrictions
Other Restrictions: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Balcony: 1
Porch: 1
Contingencies
Inspection: 1
Concessions
Seller Concessions: Yes
Seller Concessions Amount: 5000
Unit 1 Details
Actual Rent: 1700
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Hotel Room YN: No
Unit 1 Lease Description
Lease Term: Month To Month
Unit 2 Details
Actual Rent: 1100
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Hotel Room YN: No
Unit 2 Lease Description
Lease Term: Month To Month
Unit 3 Details
Actual Rent: 950
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Hotel Room YN: No
Unit 3 Lease Description
Lease Term: Month To Month
Unit 4 Details
Actual Rent: 950
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Hotel Room YN: No
Unit 4 Lease Description
Lease Term: Month To Month
Price Calculations
Current Price To SqFt: 270.27
Original List Price To Close Price: 1
Section Details
Parcel Number MLX: 3145
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Income and Expenses
Gross Scheduled Income: 5100
Originating Details
Originating System Key: 545437268
Originating System ID: M00000170
Property Features
Association Fee Includes: Water
Documents Available: Deposit - Last Months Rent
Flooring: Tile
Property Condition: Resale
Construction Materials: CBS
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional
Possession: Negotiable
Restrictions: Other Restrictions
Roof: Flat; Tile
Sewer: Public Sewer
Special Information: Sold As-Is
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Showing Requirements: Appointment Only
Outdoor Living Spaces: Balcony; Porch
Contingencies: Inspection
Acreage Description: 1/4 To Less Than 1/2 Acre Lot

IDX
Listing Office: Galleria International Realty

Last Updated: August - 11 - 2026

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