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    2130 56Th St Fort Lauderdale, FL 33308

    For Sale
    $1,215,000

    Beach-close, turnkey duplex with high ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    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.

    Property Features for 2130 56Th St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1962
    Stories
    1
    Units
    2

    HighLights

    • Fully licensed duplex in Fort Lauderdale, offering exceptional investment potential.
    • Two spacious 3 bed/2 bath units, each approx. 1500 sq ft, located 10 minutes from the beach.
    • Features include remodeled kitchens with granite countertops & stainless steel appliances, private furnished patios with Jacuzzis, fireplaces, and circular driveway (6 cars).
    • Modern upgrades: hurricane impact windows/doors, central A/C with Nest thermostats, smart locks, smart TVs, LED lighting.
    • 12% potential CAP rate with Airbnb, 9% ROI on annual rentals; no HOA.
    • Single‑story building (1962), turnkey investment opportunity in desirable Fort Lauderdale location (2130 NE 56th St, Fort Lauderdale, FL 33308).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1160803
    Latitude
    26.1964048

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    FAQs

    What type of property is this?
    Multifamily property - Beach-close, turnkey duplex with high ROI.
    Where is this multifamily property located?
    The property is located at 2130 56Th St Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,215,000.
    What are key features of this property?
    This property features: Fully licensed duplex in Fort Lauderdale, offering exceptional investment potential.; Two spacious 3 bed/2 bath units, each approx. 1500 sq ft, located 10 minutes from the beach.; Features include remodeled kitchens with granite countertops & stainless steel appliances, private furnished patios with Jacuzzis, fireplaces, and circular driveway (6 cars).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2130 56Th St Fort Lauderdale, FL 33308
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