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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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121 NW 56th Court 1-2 , Oakland Park, FL 33309
$625,000
Est. Payment: $1,388.89/mo
4 Bed
2 Bath
1660 Sqft
Status: Active | Days on site: 146
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FLL276771746 - FLL20004645
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House 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.

Highlights

Listed by Grisel M Arias , 561-324-8354 LPT Realty, LLC , 561-540-8979.

Property Type

Multi-Family

Lot/Acreage
9331

Year Built

1976

County

Broward

Area

3540

Neighborhood

Patterson Park

Listing ID

B26017958

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:
Appliances:Satellite Dish
Air Cond:Central Air,Electric,Wall/Window Unit(s)
Fireplaces:
Floor:Tile
Water:Public

Exterior Features

Lot:Corner Lot,Cul-De-Sac,Sprinklers Automatic,Sprinkler System,Buyer Approval Required
Zoning:RD-10
Roof:Other
Others:
  • Additional:Fence, Fruit Trees, Awning(s)
Sewer:Public Sewer
Principal Interest
$1,389
Taxes
$832

Home Price

$625,000

Loan Details

30 yrs
%

Down Payment

20%
$125,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,388.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,388.89 $831.58 $0.00 $2,220.47
Yearly $16,666.67 $9,979.00 $0.00 $26,645.67
Total $500,000.00 $299,370.00 $0.00 $799,370.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Oakland Park, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.