$ 625,000
-
$625,000
Price -
4
Bed -
2
Bath -
1,660
SqFt
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About the Listing 276771746 - 20004645
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, month - to - month | 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.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Irrigation Equipment,Satellite Dish,DC Well Pump
- Air Cond: Central Air,Electric,Wall/Window Unit(s)
- Heating: Central,Electric,Separate Meters
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Pets Allowed
- Water: Multiple Meters,Public
Exterior Details
- Lot Description: Corner Lot,Cul-De-Sac,Fruit Trees,Sprinklers Automatic,Sprinkler System
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: RD-10
- Roof: Other
- Others: Awning(s)
- Sewer: Public Sewer
Financial Details
- Tax Amount: $9,980
- Taxes w/Assessments: $370,480
- Tax/Property ID: 494210010180
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
121 NW 56th Court 1-2 Oakland Park, FL 33309
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