121 NW 56th Court 1-2,Oakland Park, FL 33309
Oakland Park, FL 33309
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.
Details
| MLS # | B26017958 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 142 |
| Listing Provided By | LPT Realty, LLC | Grisel M Arias |
Features
| SQ Feet | 1,660 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Zoning | RD-10 |
| Acreage | 9331.00 |
| Property View | Other, Water |
Exterior
| Lot Features | Corner Lot, Cul De Sac, Sprinklers Automatic, Sprinkler System, Buyer Approval Required |
|---|
Taxes
| Tax Annual Amount | 9979 |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Oakland Park |
| Zip Code | 33309 |
| Area | 54 |
| Subarea | Ft Ldale NW(3390 3400;3460;3540 3560;3720;3810) |
| Community Name | PATTERSON PARK |
| Listing VS Median (in PATTERSON PARK) | |
Price: $625,000 low | high Med: $625,000 sqft: 1,660 low | high Med: 1,660 $ / sqft: $377 low | high Med: $377 On site: 142 low | high Med: 142 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Oakland Park |
| Zip Code | 33309 |
| Area | 54 |
| Subarea | Ft Ldale NW(3390 3400;3460;3540 3560;3720;3810) |
| Community Name | PATTERSON PARK |
| Listing VS Median (in PATTERSON PARK) | |
Price: $625,000 low | high Med: $625,000 sqft: 1,660 low | high Med: 1,660 $ / sqft: $377 low | high Med: $377 On site: 142 low | high Med: 142 | |
