250 Northeast 40th Street, Unit 31

Oakland Park, FL 33334

$215,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

4 condos being sold as a package. Gross Income $33,600 NOI $20,644. Mostly long term tenants in place with few issues and maintenance. Small complex of 38 units (4 buildings) w/pool, no rental restrictions, pets 25 and low maintenance fee of $195/mo whic h includes: water sewer trash & insurance. Fees and taxes subtracted for NOI. This is a good opportunity for a foreign or non local investor. No outside maintenance, all have central a/c (2 new in '13)Turnkey!4 condos being sold as a package. Gross Income $33,600 NOI $20,644. Mostly long term tenants in place with few issues and maintenance. Small complex of 38 units (4 buildings) w/pool, no rental restrictions, pets <25 and low maintenance fee of $195/mo whic h includes: water sewer trash & insurance. Fees and taxes subtracted for NOI. This is a good opportunity for a foreign or non local investor. No outside maintenance, all have central a/c (2 new in '13)Turnkey!
  1. Listed by William Corey • Coral Shores Realty Inc

Property Details for 250 Northeast 40th Street, Unit 31

Subdivision Name
Northeast Heights
Style
Fourplex
Waterfront
No

Location

Add your commute
LISTING UPDATED: 11/07/2014 08:06 AM

Property Details for 250 Northeast 40th Street, Unit 31

StatusClosed Sale
MLS #F1307530
Days on Market27
Taxes$799 / year
HOA Fees$780 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1979
Lot Size-
CountyBroward County

Building

NORTHEAST HEIGHTS PH

2 StoriesBuilt in 1979

Location

Add your commute

Building Information for 250 Northeast 40th Street, Unit 31

Stories2Residences-Year Built1979Building Size-Lot Size-

Payment Calculator

$2,020 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,173

Property Taxes

$67

HOA Dues

$780

The Payment Calculator is for illustrative purposes only.

Property Information for 250 Northeast 40th Street, Unit 31

General Information
General Information
  • Sq Ft Liv Area: 0.0
  • Sq Ft Total: 0
  • Information Available: Copy Of Lease(S)
  • Street Number Numeric: 250
  • Street Number: 250
  • Street Direction Prefix: NE
  • Street Name: 40TH ST
  • County Or Parish: Broward County
  • Postal Code: 33334
  • City and Location Text: Oakland Park
  • City Postal ID: 33334
Maintenance / Tax Information
  • Tax Amount: $799
  • Tax Information: Tax Reflects No Homestead Tax, Tax Reflects No Exemptions
  • Tax Year: 2013
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached
  • Subdivision Complex Bldg: Northeast Heights
  • Total Units: 4
  • Type of Property: Fourplex
  • Year Built Numeric: 1979
  • Year Built Description: Resale
  • MLS Area: 3450
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Tile Floors, Ceramic Floor
  • Flooring: Tile Floors, Ceramic Floor
Exterior
  • Exterior Features: Laundry Facility
  • Construction Type: Cbs Construction
  • Pool: Yes
  • Pool Description: Below Ground Pool
  • Roof Description: Comp Shingle Roof
  • Construction: Cbs Construction
  • Roof: Comp Shingle Roof
Waterfront
  • Water Description: Municipal Water
Utilities
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat
  • Cable Available: Yes
  • Separate Meter: No
  • Sewer Description: Municipal Sewer
Property / Lot Information
Building Information
  • Unit Count: 4
  • Type of Association: Condo
  • Zoning Information: RES
  • Num Ceiling Fans: 0
  • Num Parking Spaces: 4
  • Num Stories: 2
  • Unit Number: 31
Community Information
  • Association Fee: $780
  • Assoc Fee Paid Per: Monthly
Location Information
  • Area: 3450
  • Directions: ANDREWS TO 38 ST EAST TO NE 3RD AVE NORTH TO 40 ST
  • Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
  • Parcel Number Free Text: 494222AB0310
  • Section: 22
  • State: FL
Lot Information
  • Lot Description: Less Than 1/4 Acre Lot
Multi Family Information
Expense Information
  • Exp Incl Acctg Legal: No
  • Exp Incl Adv Lic Permit: No
  • Exp Incl Electric: No
  • Exp Incl Extermination: No
  • Exp Incl Gas Oil: No
  • Exp Incl Insurance: Yes
  • Exp Incl Janitor: No
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Maintand Repair: No
  • Exp Incl Management: No
  • Exp Incl Miscellaneous: No
  • Exp Incl Pool Service: Yes
  • Exp Incl Property Tax: Yes
  • Exp Incl Replace Reserve: No
  • Exp Incl Supplies: No
  • Exp Incl Trash: Yes
  • Exp Incl Water Sewer: Yes
Income Information
  • Gross Rent Income: $33,600
  • Net Operating Income: $20,644
Rent Information
Rent Information
  • Rent Includes: Water, Sewer, Trash Removal, Pool Maintenance, Lawn Care

Property History for 250 Northeast 40th Street, Unit 31

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 250 Northeast 40th Street, Unit 31

Taxable ValueLand$9,770Additions$87,910Total$97,680
Tax Record2023$2,431 ($203 / month)
Home Facts
Beds1Total Finished SqFt620 SqFtAbove Grade Finished SqFt620 SqFtLot Size673 SqFtStyleCondominiumYear Built1969Year Renovated1980ZoningRM-25CountyBROWARDAPN49-42-22-AB-0310

Schools near 250 Northeast 40th Street, Unit 31

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Oakland Park Elementary School
PublicPK to 5

James S. Rickards Middle School
Public6 to 8

Northeast High School
Public9 to 12

Somerset Village Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coral Shores Realty Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.