121 NW 56th Court # 2, Oakland Park FL 33309

For sale Days on market 146

$625,000

$377/sq ft

$5,000
Price Decreased

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121 NW 56th Court # 2, Oakland Park FL 33309

For sale Days on market 146

$625,000

$377/sq ft

$5,000
Price Decreased

Overview

Year Built

1976

Sqft

1660

Property Type

Duplex

Property Description

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.

Property Details

MLS#

B26017958

Total Floor in Bldg

Address

121 56th NW

City

Oakland Park

State/county

Zip/Postal Code

33309

Area

Patterson Park

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$9,979

Maint Fee

$--

Tax Year

2025

Other

Other Water View

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