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0 Baths
1,660 sqft

$625,000

121 NW 56th Court 1-2, Oakland Park FL, 33309

Price per sqft$376.51
Built in1976
Property size1,660 sqft
Property typeMulti-family

Overview

Active

Listed Apr 20, 2026

Updated 2 weeks ago

Income-producing duplex in a high-demand Oakland Park location. Both units are leased at $2,100.00 - Actual Annual Income: $50,400 Annual Expenses: $10,943.75 / CAP RATE = 6.31% PROPERTY HIGHLIGHTS: * UNIT A - 800 Sq.Ft. 2 BD, 1 BA, LAUNDRY ROOM with Washer & Dryer connections + Privacy fence and backyard. * UNIT B - 800 Sq.Ft. 2BD, 1 BA, LAUNDRY ROOM with Washer & Dryer connections + Privacy fence and backyard. Key Capital improvements: * HVAC (2019), water heater (2019), and new stove. * Well-water irrigation system with a New Pump and Motor (March 2026). Built in 1976 - CBS construction | separate water and electric meters, lowering expenses and simplifying management. Each Minutes from Wilton Manors, Fort Lauderdale Airport, and the beaches, offering immediate cash flow and long-term upside. BOTH UNITS ARE LEASED | flexible lease terms, offering immediate income potential and allowing flexibility for rent increases, repositioning, or short-term rental conversion. Short-term rentals allowed (Airbnb, VRBO, etc.). *** Also available as part of the portfolio, sale includes two single-family homes | 321 NW 51St. Street & 5730 NE 6Th. Terrace and a WAREHOUSE | 4511 NE 6Th. Ave. - ideal for investors seeking diversification and scale. All these properties are leased. Let's make that happen.

$4,158/mo

Est. mortgage payment based on a $625,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$9,980
Tax Frequency
Annually
View
Yes
Pets Allowed
Yes
55+/Senior Community
No

Listed with LPT Realty, LLC

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Data last updated 12:10 PM UTC, 9/23/2026

 

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