121 NW 56th CT #1-2, Oakland Park, FL 33309
121 NW 56th CT #1-2, Oakland Park, FL 33309
121 NW 56th CT #1-2, Oakland Park, FL 33309
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$625,000
Est. payment /mo
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1,660 SqFt
Active

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

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Sarah Leahy

Sarah Leahy

Sweet Life Palm Beach at Keller Williams Realty - Jupiter

+1(561) 513-1561

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,660 sqft

Price per Sqft $376

Subdivision Patterson Park

MLS Listing ID B26017958

Construction Status Resale

HOA Y/N No

Total Fin. Sqft 1660

Year Built 1976

Annual Tax Amount $9,979

Tax Year 2025

Lot Size 9331.000 Acres

Acres 9331.0

Property Sub-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.

Location

State FL

County Broward

Area 3540

Zoning RD-10

Interior

Interior Features InteriorFeatures

Heating Central, Electric, Separate Meters

Cooling Central Air, Electric, Wall/Window Unit(s)

Flooring Tile

Equipment Irrigation Equipment, Satellite Dish, DC Well Pump

Fireplace No

Laundry Washer Hookup, Laundry Room

Exterior

Exterior Feature Awning(s), Other

Fence Back Yard, Fenced

Utilities Available Sewer Connected, Water Connected

Waterfront Description None

View Y/N Yes

Water Access Desc Multiple Meters,Public

View Other

Roof Type Other

Street Surface Paved

Accessibility None

Road Frontage City Street

Total Parking Spaces 4

Private Pool No

Building

Lot Description Corner Lot, Cul-De-Sac, Fruit Trees, Sprinklers Automatic, Sprinkler System

Dwelling Type Duplex

Story 1

Entry Level One,Two

Sewer Public Sewer

Water Multiple Meters, Public

Level or Stories One, Two

Structure Type Block,Stone,Stucco

New Construction No

Construction Status Resale

Schools

Elementary Schools North Andrews Gardens

Middle Schools James S. Rickards

High Schools Northeast

Others

Senior Community No

Restrictions Buyer Approval Required,Other Restrictions

Tax ID 494210010180

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard, Listed As-Is

Pets Allowed Cats OK, Dogs OK, Yes

Virtual Tour https://www.propertypanorama.com/121-NW-56th-Court-Unit-12-Oakland-Park-FL-33309/unbranded

BeachesMLS, Inc. (FLR) IDX
Listed by Grisel M Arias LPT Realty, LLC

NEARBY SCHOOL & BUSINESS

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Sarah Leahy

Sarah Leahy

Team Lead | Buyer License ID: SL3316121

+1(561) 513-1561

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121 NW 56th CT #1-2