Triplex with Private
For Sale
$1,029,000
1681 NE 56th Street, Fort Lauderdale, FL 33334
Residential Income, Fort Lauderdale, FL
Property Size2,681 SF
Lot Size0.17 Acres
Price / SF$383.81
Days on Market176
Property Features for 1681 NE 56th Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
RMM-25
Bedrooms
6
Full bathrooms
5
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 5, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 5, Bedroom 4
Pool private
1
Fencing
Fenced
Subdivision
CORAL RIDGE ISLES
Elementary school
Floranada
Middle school
James S. Rickards
High school
Northeast
Standard status
Active
APN
494211063420
Size
2,681 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CORAL RIDGE ISLES 45-47 B LOT 24 BLK 17
Tax Annual Amount
15520
Legal Description
CORAL RIDGE ISLES 45-47 B LOT 24 BLK 17
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Electric, Central Air
Water source
Public
Amenities
resort-style pool area
Building Details
Year built
1964
Floors in Building
1
Number of units
3
Flooring type
Tile, Terrazzo
Building materials
CBS
Roof type
Tile, Flat
Additional Structures
Outbuilding
Listing Agency:
Mari Juliette Real Estate
Listed By:
Marissa J Albertine · License #3394122
(954) 326-4476
Added: May 6
Changed: Oct 22
Last Checked: Oct 28 at 9:06PM
MLS# B26025052
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.
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Investment Insights
Based on property information with market context.
This 1964 triplex contains 2,681 square feet across three units on a 0.17-acre lot. All units are occupied under month-to-month arrangements, providing an existing rental setup with lease flexibility. The property includes a private fenced pool, CBS construction, flat and tile roofing, terrazzo and tile flooring, central air conditioning, electric heating, and ceiling fans. It has three bedrooms and three bathrooms, along with public water and public sewer service.
The property is located in Fort Lauderdale, near the 33334 postal area. Cable service is available, and the parcel is identified as RMM-25 zoning. The existing configuration, private outdoor amenity, and short-term lease structure provide a clearly defined multifamily asset for continued residential use.
The property is located in Fort Lauderdale, near the 33334 postal area. Cable service is available, and the parcel is identified as RMM-25 zoning. The existing configuration, private outdoor amenity, and short-term lease structure provide a clearly defined multifamily asset for continued residential use.
Key Highlights
- Three‑unit property totaling 2,681 square feet
- 0.17‑acre parcel with RMM‑25 zoning
- Private fenced pool
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,692
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$893,840
$893.8K
Cap Rate 7%
$638,457
$638.5K
Cap Rate 9%
$496,578
$496.6K
Market Conditions
NOI Build-Up for 2,681 SF
Gross rent
$67.6K $25.20/SF
− Vacancy
−$3.7K −$1.39/SF
EGI
$63.8K $23.81/SF
− OpEx
−$19.2K −$7.14/SF
NOI
$44.7K $16.67/SF
Area
Fort Lauderdale, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$893,840
Cap Rate 7%
$638,457
Cap Rate 9%
$496,578
Alternative Uses
Best Use
Multifamily LT 5
$638.5K
$558.7K – $744.9K
NOI $44,692 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$575.1K
$503.2K – $671.0K
NOI $40,259 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,114 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,016
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with month-to-month occupancy, a fenced pool, and public water and sewer service.
Where is this triplex located?
The property is located at 1681 NE 56th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,029,000.
What are key features of this property?
This property features: Three‑unit property totaling 2,681 square feet; 0.17‑acre parcel with RMM‑25 zoning; Private fenced pool
