
$625,000
Apartment for Sale, 121 NW 56th Court 1-2, Oakland Park, Florida 33309
- MLS#B26017958
154 m² (1,660 ft²)
Listed By LPT Realty, LLC
The Apartment for Sale located at 121 NW 56th Court 1-2, Oakland Park, Florida 33309 is currently for sale.
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
121 NW 56th Court 1-2, Oakland Park, Florida 33309
Property features
Property
- Property size:
154 m² (1,660 ft²) - Type: Half DuplexDuplex
- Features: AwningsWasher Hookup
- Location: Cul-De-Sac
Lot/Land
- Land/Lot size:
37,761,217 m² (406,458,360 ft²) - Lot Description: FencedCorner LotSprinklers
Construction
- Year built: 1976
- Construction: Cbs ConstructionStone
- Exterior: Stucco
Interior Features
- Floors: Tile
View
- Features: Water View
Heating and Cooling
- Heating System: ElectricCentral
- Cooling System: Wall Or Window UnitsElectricCentral AC
Utilities
- Telecommunication: TV Satellite Dish
- Other utilities: SewerPublicSewer Available Off SitePublic Sewer
Community
- Features: Pets Allowed
School information
- High School: Northeast
- Middle School: James S. Rickards
- Elementary School: North Andrews Gardens