1681 NE 56th Street, Fort Lauderdale, FL 33334 — MLS photo

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1681 NE 56th Street, Fort Lauderdale, FL 33334

Active · Triplex

$1,029,000

1681 NE 56th Street, Fort Lauderdale, FL 33334

Beds
—
Baths
0
Living area
2,681 sq ft
$ / sq ft
$384/sq ft
Year built
1964
Lot size
7,500 sq ft
HOA fee
—
Annual tax
—

About this property

Well-maintained triplex offers immediate income w/ month-to-month tenants in all 3 units, providing flexibility for both investors and end-users alike. The property features a standout resort-style pool area, creating a true vacation-like setting that sets it apart in the market. With its layout and amenities, this asset is perfectly positioned for conversion into a high-performing short-term rental property, unlocking significant upside potential and maximizing ROI. Each unit offers comfortable living spaces, and the property has been maintained to support consistent occupancy. Month-to-month leases allow a new owner to quickly reposition the property, increase rents, or transition to a more lucrative rental strategy. Ideally located in Fort Lauderdale, minutes from beaches and dining.

Property location

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1681 NE 56th Street, Fort Lauderdale, FL 33334

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Facts & features

Interior

Bathrooms
0
Living area
2,681 sq ft

Exterior & Structure

Property type
Triplex
Year built
1964
Lot size
7,500 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Broward
MLS listing ID
B26025052
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$217

Cap rate
5.4%
Net yield
5.4%
Cash-on-cash return
-0.9%
Gross yield
8.9%
Mortgage payment
$4,878/mo
Down payment
$257,250
Loan amount
$771,750
Annual NOI
$55,931

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.