Well-Maintained Triplex with
1681 NE 56th Street Fort Lauderdale, FL 33334
1681 NE 56th Street, Fort Lauderdale, FL, 33334
$1,029,000
For Sale
$1,029,000
MULTI_FAMILY - Fort Lauderdale, FL
Property Size2,681 SF
Lot Size0.17 Acres
Price / SF$383.81
Days on Market77
Property Features for 1681 NE 56th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- RMM-25
- Bedrooms
- 6
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 2
- Pool private
- 1
- Fencing
- Fenced
- 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
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile, Terrazzo
- Building materials
- CBS
- Roof type
- Flat, Tile
- Additional Structures
- Outbuilding
Listing Agency
Mari Juliette Real Estate
(954) 326-4476
101 N Riverside Dr #117W, Pompano Beach, FL
Listed by
Marissa J Albertine · License #3394122
(954) 326-4476
Added: May 6 Updated: Jul 20 at 8:06 am Checked: Jul 21 at 5:06 am
MLS# B26025052
Listing URL
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.
This well-maintained triplex includes three residential units, each in month-to-month tenancy. The property is described as maintained to support consistent occupancy and features a resort-style pool area.
The asset is located in Fort Lauderdale, Florida, at 1681 NE 56th Street (33334). It is positioned for convenient access to local amenities, with beaches and dining described as being minutes away.
As presented, the layout and current configuration support flexible ownership options given the month-to-month terms across all three units, along with the inclusion of the pool amenity.
The asset is located in Fort Lauderdale, Florida, at 1681 NE 56th Street (33334). It is positioned for convenient access to local amenities, with beaches and dining described as being minutes away.
As presented, the layout and current configuration support flexible ownership options given the month-to-month terms across all three units, along with the inclusion of the pool amenity.
Key Highlights
- Well‑maintained triplex with 3 units currently on month‑to‑month tenant arrangements
- Private pool (PoolPrivateYN: true) with fenced grounds (Fencing: fenced)
- Concrete block (CBS) construction with terrazzo and tile flooring
Local 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 | $67.6k | $25.20 |
| − Vacancy | −$3.7k | −$1.39 |
| EGI | $63.8k | $23.81 |
| − OpEx | −$19.2k | −$7.14 |
| NOI | $44.7k | $16.67 |
2,681 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Well-maintained triplex with three units and a resort-style pool area, offering month-to-month tenancy in all units.
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: Well‑maintained triplex with 3 units currently on month‑to‑month tenant arrangements; Private pool (PoolPrivateYN: true) with fenced grounds (Fencing: fenced); Concrete block (CBS) construction with terrazzo and tile flooring
