$433,333
Fort Lauderdale, FL 33309
MLS# A10585946
Status: Closed
1 / 43
Property Description
Fourplex in Oakland Park, central A/C, large lot with lush landscaping. Each unit has a front and back door. The property consists of four 2-bed/1-bath units that are 100% leased at below market rates. This single-story building features CBS construction and ceramic tile flooring. Great remodel/redevelopment opportunity. Amazing opportunity in Oakland Park that will not last! THIS PROPERTY MAY BE PURCHASED INDIVIDUALLY or in any combination with the other 24 properties in this portfolio offering. Showings are by appointment only. Do not disturb the tenants. Call us for more information on this property or the other properties in this portfolio.
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2018-12-01
Status: Closed
Original List Price: 450000
Sold Price: $433,333
Current Price: $433,333
Location and Legal
County Or Parish: Broward
County Parish Name: Broward
City Name: Fort Lauderdale
Postal Zip: 33309
Geographic Area: FTNW - Ft Ldale NW(3390-3400;3460;3540-3560;3720;3810)
Country: United States
Street Number: 497
Street Direction Prefix: NW
Street Name: 40th
Street Suffix: Court
State Or Province: FL
Postal Code: 33309
Subdivision Name: PROSPECT GARDENS
Area: 3720
Parcel Number: 494222082020
Zoning: RM-16
Directions: I-95 to Oakland Park Blvd, right onto powerline road, left onto Nw 40th St, left onto Nw 5th Ave, right onto 40th Ct. Property will be on the left.
General Property Information
Number Of Units Total: 4
Parking Total: 7
Stories Total: 1
Pool Private YN: No
Property Sub Type: Quadruplex
Year Built: 1970
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2019-05-15T11:55:08Z
Major Change Type: Status Change
Status Change Date: 2019-06-21
Under Contract Date: 2019-03-06
Close Date: 2019-05-15
Close Price: 433333
Flooring
Tile: 1
Property Condition
Resale: 1
Updated/Remodeled: 1
Documents Available
Copy Of Lease(s): 1
Financial Statement: 1
Rent Rolls: 1
Structure Type
Multi Family: 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
Shingle: 1
Income and Expenses
Gross Income: 3697.77
Cooling
Electric: 1
Showing Requirements
Call Listing Agent: 1
Tax Information
City/County: 1
Contingencies
Inspection: 1
Buyer Details
Intended Use: Unknown/Withheld
Concessions
Seller Concessions: No
Unit 1 Details
Actual Rent: 891.77
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Parking Features
Parking Space: 1
Unit 2 Details
Actual Rent: 905.69
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Parking Features
Parking Space: 1
Unit 3 Details
Actual Rent: 1008.54
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Parking Features
Parking Space: 1
Unit 4 Details
Actual Rent: 891.77
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Unit 4 Lease Description
Currently Leased YN: Yes
Unit 4 Parking Features
Parking Space: 1
Section Details
Parcel Number MLX: 2020
Financial Information
Tax Annual Amount: 7869
Tax Year: 2017
Tax Legal Description: PROSPECT GARDENS 22-26 B LOT 2 W 65.89 BLK 9
Originating Details
Originating System Key: 305946452
Originating System ID: M00000151
Property Features
Documents Available: Copy Of Lease(s); Financial Statement; Rent Rolls
Flooring: Tile
Property Condition: Resale; Updated/Remodeled
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Electric
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional
Possession: Negotiable
Roof: Shingle
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available
Showing Requirements: Call Listing Agent
Unit 1 Parking Features: Parking Space
Unit 2 Parking Features: Parking Space
Unit 3 Parking Features: Parking Space
Unit 4 Parking Features: Parking Space
Contingencies: Inspection
Supplements
Portfolio MLS numbers:A10584624: 1021 NW 4th Ave, Ft. Lauderdale FLA10584714: 1016 NE 17th St, Ft. Lauderdale FL A10585699: 617 SE 16th St, Ft. Lauderdale FLA10585735: 400 SW 7th St, Ft. Lauderdale FLA10585771: 1011 NW 4th Ave, Ft. Lauderdale FLA10585839: 1700 N Dixie Hwy, Ft. Lauderdale FL A10585899: 1501 N Andrews Ave, Ft. Lauderdale FLA10585946: 497 NW 40th Ct, Oakland Park, FL A10585998: 115 NE St, Pompano Beach FLA10586216: 119 NE St, Pompano Beach FLA10586256: 2319 Farragut St, Hollywood, FL A10586294: 414 NW 15th Way, Ft. Lauderdale, FL A10586328: 519 NW 8th Ave, Ft. Lauderdale, FL A10586371: 848 NW 2nd Ave, Ft. Lauderdale FL A10586427: 1705 NW 8th Pl, Ft. Lauderdale FLA10586461: 2451 NW 13th Ct, Ft. Lauderdale FL A10586480: 86 NE 36th Ct, Oakland Park, FLA10586500: 7740 SW 10th St, North Lauderdale, FL A10587183: 1340 NE 1st Ave, Ft. Lauderdale FL A10587223: 5208 NW 18th Pl, Lauderhill FL A10587263: 3420 NE 16th Ter, Pompano Beach, FL A10587290: 1028 NW 6th Ave, Ft. Lauderdale FL A10587303: 1030 NW 6th Ave, Ft. Lauderdale FL A10587328: 3920 NW 30th Ter, Lauderdale Lakes, FL
Property Flyer 
Listing Office: Meridian Commercial
Last Updated: August - 11 - 2026
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