121 NW 56th Court #1-2, Oakland Park, FL 33309
Local realty services provided by:Atlantic Shores Realty Expertise ERA Powered
Listed by: grisel m arias
Office: lpt realty, llc.
MLS#:B26017958
Source:RMLS
Price summary
- Price:$625,000
- Price per sq. ft.:$375.83
About this home
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....
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Home facts
- Year built:1976
- Subdivision & Development:PATTERSON PARK
- Listing ID #:B26017958
- Added:119 day(s) ago
- Updated:August 18, 2026 at 03:19 PM
Rooms and interior
- Flooring:Tile
- Living area:1,660 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Wall Window Units
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Other
- Year built:1976
- Building area:1,660 sq. ft.
- Lot area:9331 Acres
- Construction Materials:Block, Stone, Stucco
- Exterior Features:Awnings
Schools
- High school:Northeast
- Middle school:James S. Rickards
- Elementary school:North Andrews Gardens
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$625,000
- Price per sq. ft.:$375.83
- Tax amount:$9,980 (2025)
Parking
- Total parking spaces:4
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