2130 56Th StFort Lauderdale, FL 33308

  • Residential income properties
For Sale
$1,215,000 View listing

Property Details for 2130 56Th St

Year built
1962
Property type
Residential income properties
Property subtype
Multifamily properties

Description

This beautifully designed, fully licensed duplex in Fort Lauderdale offers exceptional investment potential. Located just 10 minutes from the beach, this property boasts two spacious units, each featuring three bedrooms and two bathrooms. Enjoy multiple seating areas, a dining room, fireplace, coffee bar, and private furnished patios complete with Jacuzzis, canopies, and grills. The property is freshly painted and includes a large circular driveway accommodating up to six cars. Modern upgrades include hurricane-impact windows and doors, central A/C units with Nest thermostats, smart locks, smart TVs, and LED lighting. The remodeled kitchens showcase granite countertops and stainless steel appliances. Built in 1962, this single-story building presents a 12% potential CAP rate with Airbnb and a 9% ROI on annual rentals. There is no homeowner's association. This turnkey opportunity is ideal for adding to an existing portfolio or for first-time investors seeking a high-return property in a desirable location. The property is located at 2130 NE 56th St, Fort Lauderdale, FL 33308, in Broward County. Each unit offers approximately 1500 sq ft of living space.

2130 56Th St, Fort Lauderdale, Florida

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1964
Longitude
-80.1161

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