Property profile

2130 56Th St Fort Lauderdale, FL 33308

OFF-MARKET
Apartment buildings
Property ID
US18-5302393
Built 1962
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Property summary

AI-generated overview

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 profile

Verified
Property type Apartment buildings
Year built 1962
UPID US18-5302393

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2130 56Th St Fort Lauderdale, FL 33308
Fort Lauderdale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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