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Property Description
Excellent opportunity to own a well-maintained triplex in Oakland Park, Fort Lauderdale! This property features three 2-bedroom, 1-bathroom units, separate electric meters, new A/C units, a spacious backyard, and six front parking spaces. Situated on a quiet cul-de-sac, the property currently generates $5,300 in combined monthly rental income, offering an attractive opportunity for investors seeking rental income or owner-occupants looking to offset their housing expenses. Live in one unit while renting the other two, or rent all three units to maximize income potential. A proposed Brightline train stop just a few blocks away may offer added future convenience and appeal. Walk to restaurants and shoppes in downtown district of Oakland Park. Don't miss this versatile multifamily investment
Full Property Details
Full Property Details for 1279 NE 40th Pl
General
- Price: $749,000
- Taxes: $12,894 (2025)
- Status: Active
- Type: Triplex
- Source: Regional
- MLS ID: B26090061
- Updated: 10/19/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Ceramic Tile, Tile
Rooms
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Other, Room For Pool
Parking
- Total Spaces: 6
Location
- County: Broward
- Subdivision: East Oakland Park
- Driving Directions: Dixie Hywy to NE 38 St. Head east to NE 13 Ave take left then left on Ne $0th Place
School Information
- Elementary School: Oakland Park
- Middle School: James S. Rickards
- High School: Northeast
Community
- Community Name: 3360
- Units Assoc/Comm: 3
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Central, Individual
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Sewer Connected, Water Available
- # Electric Meters: 3
Structural Information
- Structure Type: Triplex
- Construction: Blown-In Insulation, CBS (Concrete Block Structure), Block, Stucco
- Roof: Composition, Flat
- Stories/Levels: 1
- Building Size: 1941
- Square Feet: 1,941
- Sq. Ft. Source: Public Records
- Living Area: 1,941 Sq. Ft.
- Year Built: 1957
- Property Condition: Resale, Updated/Remodeled
Additional Structures
- Other Structures: None
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.16
- Frontage: City Street, Asphalt
- Road Maintenance: Public Maintained Road
- Lot Features: 1/4 Acre
- Zoning: R-1
- Fencing (Description): Back Yard, Fenced
Financial Considerations
- Assessment Amount: $522,940
- Tax Amount: $12,894.95
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Special Conditions: Standard, Listed As-Is
- Documents Avail.: Lease
- Legal Description: 23-49-42 BEG 50.25 E OF NW COR OF S1/3 OF NW1/4 OF SW1/4 OF NE1/4, E 73.48, S 95.77, W 73.96, N 95.73 TO POB LOT 1
- Property ID: 494223010090
Listed by Coastland Realty Inc
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Schools
Schools serving 1279 NE 40th Pl
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Oakland Park Elementary School 936 Northeast 33rd Street, Oakland Park, FL 33334 | PK-5 | 0.7 mi |
James S. Rickards Middle School 6000 Northeast 9th Avenue, Oakland Park, FL 33334 | 6-8 | 1.8 mi |
Northeast High School, Oakland Park, FL 700 Ne 56th St, Oakland Park, FL 33334 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1279 NE 40th Pl
Date
Details
Price
Change
Source
10/19/2026
Listed
$749,000
20.81%
MLS
8/20/2024
Sold
$620,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1279 NE 40th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,895
-7%
$522,840
3%
2024
$13,852
—
$507,990
-8%
2024
$13,852
1%
$553,180
—
2023
$13,658
78%
$553,180
69%
2021
$7,691
-23%
$326,770
-16%
2022
$9,969
30%
$388,520
49%
2021
$7,691
27%
$260,130
17%
2019
$6,065
6%
$223,090
6%
2018
$5,710
9%
$210,830
1%
2017
$5,246
221%
$208,310
199%
2016
$1,636
-1%
$69,780
1%
2015
$1,648
1%
$69,300
1%
2014
$1,634
—
$68,750
1%
2013
$1,636
—
$67,740
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1279 NE 40th Pl
1279 NE 40th Place, Oakland Park, FL 33334 (MLS# B26090061) is a Triplex property with 0 bedrooms and 0 full bathrooms. 1279 NE 40th Place is currently listed for $749,000 and was received on October 19, 2026. Want to learn more about 1279 NE 40th Place? Do you have questions about finding other Triplex real estate for sale in Oakland Park? You can browse all Oakland Park real estate or contact a Coldwell Banker agent to request more information.

