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    OFF-MARKET
    Small apartment buildings

    2130 56Th St, Fort Lauderdale, FL 33308

    Built 1962
    Property ID
    US18-5302393
    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 Small 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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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