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Mutli-family Six Units With Pool & On-site Laundry 2011-2021 Northeast 56th Street, Fort Lauderdale, FL 33308
Garden/Low Rise
Property Description
Rare 6-Unit Investment Property with Pool. An exceptional opportunity to own two well-maintained buildings with a total of six income-producing units, located in a high-demand area. This property features a swimming pool, laundry, and attractive layouts that keep tenants happy and occupancy rates strong. Most units have been updated. Two 2bed / 2 bath units & four 1bed/ 1bath units. One parking space per bedroom. Shopping, dining, schools, and transit nearby. Consistent rental history & strong cash flow potential. Current below market rents reflect the excellent current tenants. A perfect blend of lifestyle and investment, this property offers both stability and upside potential. Whether you’re expanding your portfolio or seeking a 1031 exchange option, this multi-unit complex delivers.
Area Description
An established high-demand residential neighborhood featuring excellent public and private schools, easy access to I-95 & US-1. Medical facilities, public transit, shopping, dining nearby.
Highlights
I-95 Access 1.9 miles; Public Beaches 2.2 miles; Fort Lauderdale central business district 6.8 miles
Full Address: 2011-2021 Northeast 56th Street, Fort Lauderdale, FL 33308
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 100
Zoning: RMM-25
Region: S-SE
County: Broward County
Closest Cross Streets: NE 56th St and N. Federal Hwy
Use Type: Residential
Property ID: 4087568
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Waste: Yes
Has Broadband: Yes
Heating: Yes
Cooling: Yes
Has Sprinkler: Yes
Building Construction: CBS
Roof: Composite Shingle - New
Building Sf: 4800
Parcel Num: 4942 12 03 0400
Number Units: 6
Number Buildings: 2
Year Built: 1972
Year Renovation: 2020
Free Standing: Yes
Number Parking Spaces: 8
Tenancy Type: Multi-Tenant
I-95 Access 1.9 miles; Public Beaches 2.2 miles; Fort Lauderdale central business district 6.8 miles
Average Monthly Rent - 1 Bedroom / 1 Full Bath - Lease ends 2/28/26: 1650
Average Monthly Rent - 2 Bedroom / 2 Full Bath - Lease ends 4/30/26: 2100
Average Monthly Rent - 1 Bedroom / 1 Full Bath - Lease ends 5/31/26: 1700
Average Monthly Rent - 1 Bedroom / 1 Full Bath - Lease ends 1/31/26: 1425
Average Monthly Rent - 2 Bedroom / 2 Full Bath - Lease ends 5/31/26: 1825
Average Monthly Rent - 1 Bedroom / 1 Full Bath - Lease ends 1/31/26: 1425
Cash Flow Type: Actual
Cf Year: 2025
Cf Vacancy: 10