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    Oakland Park Duplex Investment Opportunity Title is generated by Realmo AI

    271 NE 57th Court, Oakland Park, FL 33334

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    Claim this Listing
    For Sale
    Under Contract
    $519,900

    MULTI_FAMILY - Oakland Park, FL

    Property size:
    1,843 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $282/SF
    Added:
    Apr 20, 2026
    Days on Market:
    56
    Last Refresh:
    Jun 14 at 7:06 am

    Property Features for 271 NE 57th Court

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RD-10
    Bedrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1
    Window features
    Blinds
    Fencing
    Fenced
    Standard status
    Active Under Contract
    APN
    494210100280
    Size
    1,843 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PATTERSON PARK 3 ADD 53-49 B LOT 26 BLK 16
    Tax Annual Amount
    12045

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Whole House Fan, Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1963
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile
    Building materials
    CBS, Stucco
    Roof type
    Shingle

    We can help!

    Listing Contact
    Brogan Farrell

    Listing agent Brogan Farrell License #3276050

    Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL

    Listing date Apr 20, 2026

    MLS# B26017799 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.

    HighLights

    • Well‑maintained duplex in Oakland Park with 2 bedrooms and 1 bathroom in each unit
    • Separate entrances for both units plus private patios with fenced yard space
    • Each unit includes washer and dryer and is individually metered for water and electricity
    • Central air in both units; cooling also includes ceiling fans and a whole‑house fan
    • Roof replaced in 2021; tile flooring throughout
    • Currently generating $3,800 monthly gross rental income; tenant occupied

    Overview

    This well-maintained duplex is located in Oakland Park, Broward County, Florida, east of Andrews Avenue and near I-95. Each unit features 2 bedrooms and 1 bathroom, separate entrances, patios, a fenced yard, and a washer and dryer. The property offers ample parking. Each unit is individually metered for water and electricity and has central AC. The property is currently generating $3,800 in monthly gross rental income, presenting a turn-key investment opportunity. The property interiors have been updated and the roof was replaced in 2021. The units are tenant-occupied. The owner is responsible for landscape maintenance. The property is zoned RD-10 and sits on a 0.15-acre lot. The property size is 1,843 square feet.

    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 $46.4k $25.20
    − Vacancy −$2.6k −$1.39
    EGI $43.9k $23.81
    − OpEx −$13.2k −$7.14
    NOI $30.7k $16.67
    1,843 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $438.9K
    $384.0K – $512.0K (±1% cap)
    NOI $30,722 @ 7.0% cap · market cap 5.91%
    Second Best
    Apartment 5plus
    $404.9K
    $354.3K – $472.4K (±1% cap)
    NOI $28,344 @ 7.0% cap · market cap 5.45%
    Theoretical Best
    Office A
    $935.0K
    $818.2K – $1.09M (±1% cap)
    NOI $65,452 @ 7.0% cap · market cap 12.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland Park
    County
    Broward
    State
    Florida
    Longitude
    -80.142993
    Latitude
    26.198363

    FAQs

    What type of property is this?
    Duplex - Well-maintained, fully rented duplex in Oakland Park, generating $3,800 monthly.
    Where is this duplex located?
    The property is located at 271 NE 57th Court Oakland Park, FL.
    What is the asking price?
    The asking price for this property is $519,900.
    What are key features of this property?
    This property features: Well‑maintained duplex in Oakland Park with 2 bedrooms and 1 bathroom in each unit; Separate entrances for both units plus private patios with fenced yard space; Each unit includes washer and dryer and is individually metered for water and electricity
    More about this property
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