121 NW 56th Court 1-2, Oakland Park, FL 33309
PATTERSON PARK · Broward County
Key Facts
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, 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.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Structure Type
Duplex
Year Built
1976
Stories
1
Living Area
1,663 sq ft
Lot Size
9331.00 acres
Parking Spaces
4
Zoning
RD-10
Days on Market
81
MLS® Listing#
B26017958
Property Features
Exterior
Cooling
Heating
Flooring
Laundry
Fencing
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- North Andrews Gardens
- Middle:
- James S. Rickards
- High:
- Northeast
Financial Details
HOA
None
Annual Taxes
$9,980
Tax year 2025
Assessed Value
$370,480
Parcel Number
494210010180
Directions
FL -811A / Andrews Ave, turn right onto NW 56TH CT.
Affordability Calculator
$125,000
Estimated monthly payment
$3,327/mo
Principal $500,000 · Est. interest $697,544 over 30 yrs
Location
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Points of Interest in Oakland Park, FL
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EXIT Agents in Oakland Park
Listing Courtesy: LPT Realty, LLC - 5615408979
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.