Home for Sale
$499,000
0 ba · 1,100 sqft
Oakland Park, FL 33309 · MLS# B26017958 · Active · PATTERSON PARK
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.
School assignments are provided by the listing and should be independently verified.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
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121 NW 56th Court # 1-2 is a multi-family home for sale in Oakland Park, FL 33309. This property was listed for sale on April 16, 2026 by LPT Realty, LLC, it's currently listed at $625,000. This listing's school district is Broward County Public Schools. Nearby schools include North Andrews Gardens, James S. Rickards and Northeast. 121 NW 56th Court # 1-2 is a 0-bath, 1,660 sqft multi-family home built in 1976.