Income-Producing Duplex With Tenants In
For Sale
$685,000
1056 NE 34th Court, Oakland Park, FL 33334
MULTI_FAMILY - Oakland Park, FL
Property Size1,734 SF
Lot Size0.25 Acres
Price / SF$395.04
Days on Market146
Property Features for 1056 NE 34th Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
IN
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3
Pets allowed
No, Yes
Subdivision
OAKLAND PARK SECOND ADD
Standard status
Active
APN
494223051000
Size
1,734 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OAKLAND PARK SECOND ADD 1-39 B LOT 9,10 BLK 48
Tax Annual Amount
12016
Legal Description
OAKLAND PARK SECOND ADD 1-39 B LOT 9,10 BLK 48
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Window Unit(s), Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1961
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Tile, Laminate, Wood
Building materials
Frame, Stucco
Roof type
Shingle
Listing Agency:
Serhant
(646) 480-7665
Listed By:
Christopher Fischer · License #3491171
(843) 421-9938
Added: Mar 12
Changed: Jul 31
Last Checked: Aug 4 at 11:06AM
MLS# B26000574
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Income-producing duplex at 1056 NE 34th Court in Oakland Park, currently with tenants in place. The property was built in 1961 and features a frame and stucco exterior with a shingle roof. Interior finishes include vinyl, laminate, tile, and wood flooring. Heating is provided via central systems, and cooling includes central air plus wall/window unit(s) and window unit(s), with ceiling fans throughout.
The parcel is 0.25 acres, with public utilities including public water and public sewer, and cable available. Zoning is listed as IN. The property is positioned for ongoing holding income while planning a potential four-townhome development, supported by architectural renderings and city pre-approvals referenced in the materials.
Contextually, it’s described as less than 1 mile to Wilton Manors and 2 miles to Fort Lauderdale beaches, with proximity to restaurants, breweries, parks, and shopping within the downtown Oakland Park district.
The parcel is 0.25 acres, with public utilities including public water and public sewer, and cable available. Zoning is listed as IN. The property is positioned for ongoing holding income while planning a potential four-townhome development, supported by architectural renderings and city pre-approvals referenced in the materials.
Contextually, it’s described as less than 1 mile to Wilton Manors and 2 miles to Fort Lauderdale beaches, with proximity to restaurants, breweries, parks, and shopping within the downtown Oakland Park district.
Key Highlights
- Duplex currently income‑producing with tenants in place
- 0.25‑acre lot zoned IN
- 1,734 SF total property size
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.7k | $25.20 |
| − Vacancy | −$2.4k | −$1.39 |
| EGI | $41.3k | $23.81 |
| − OpEx | −$12.4k | −$7.14 |
| NOI | $28.9k | $16.67 |
1,734 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$412.9K
$361.3K – $481.8K
NOI $28,905 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$381.0K
$333.4K – $444.5K
NOI $26,668 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$879.7K
$769.8K – $1.03M
NOI $61,581 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,533
Businesses Nearby
Explore this area
Business Placement
Demographics for 33334, FL
30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex with tenants, built in 1961, zoned IN, with public water and public sewer.
Where is this duplex located?
The property is located at 1056 NE 34th Court Oakland Park, FL.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Duplex currently income‑producing with tenants in place; 0.25‑acre lot zoned IN; 1,734 SF total property size
