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1820 NE 56th Street Fort Lauderdale, FL $ 1,325,000
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$ 1,325,000 Get more info
1820 NE 56th Street
$ 1,325,000
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Share Save

1820 NE 56th Street

Fort Lauderdale, FL
$ 1,325,000
Bedrooms-- Baths-- Sq 4,588

Monthly Estimate*

$ 8,366

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Commercial Property for sale in Fort Lauderdale, FL

for $1,325,000. This 4,588 square foot building was built in 1965 on a lot size of 0.19.

PRIME INVESTOR OPPORTUNITY: TURNKEY 6-UNIT MULTIFAMILY BUILDING IN DESIRED CORAL RIDGE. SITUATED IN A TOP-TIER FORT LAUDERDALE RENTAL MARKET. PROPERTY COMPRISES TWO 2/1 UNITS AND FOUR 1/1 UNITS ON A SUBSTANTIAL CONCRETE CORNER LOT. OFFERS AMPLE PARKING FOR UP TO 13 VEHICLES. ENJOY STRONG IMMEDIATE CASH FLOW PLUS ADDITIONAL INCOME FROM COIN-OPERATED LAUNDRY ROOM. PERFECT FIT FOR 1031 EXCHANGE, SAVVY INVESTORS, OR OWNER-OCCUPIERS. FREEDOM OF NO HOA AND NO RENTAL RESTRICTIONS. FEATURING A NEW ROOF (2021), NEW WASHER/DRYER, AND ALL CENTRAL A/C SYSTEMS (MOSTLY 1-4 YEARS NEW). UP TO DATE WITH ALL 40/10-YEAR RECERTIFICATIONS COMPLETED. --- DO NOT DISTURB TENANTS.---

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Commercial Contingent

Price

$ 1,325,000

Property Type

Commercial

Taxes

$ 19,814

Style

Lot Size

0.19

Year Built

1965

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

B26052376
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Other Sewer Connected Water Connected
Possession Other
Roof Composition Shingle
Security Features Closed Circuit Camera(s) Smoke Detector(s)
Construction Materials Brick Block Stucco
Year Built 1965
Electric Other Separate Meters
Tenant Pays Cable TV Electricity
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
Gross Income 117600
Business Type Rental Residential
Community Features Laundry Facilities
Accessibility None
County Broward
Net Operating Income 74600
New Construction false
Property Type Commercial Sale
Contingency Backup Contract/Call LA
Status Active Under Contract
Directions US 1 NORTH OF COMMERCIAL TO 56 ST LEFT TO PROPERTY
City Fort Lauderdale
Number Of Units Total 6
MLS Area 3350
Tax Annual Amount 19814
Property Condition Resale
MLS Area Minor FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Virtual Tour https://www.propertypanorama.com/1820-NE-56th-Street-Fort-Lauderdale-FL/unbranded
Standard Status Active Under Contract
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description CORAL RIDGE ADD B 41-47 B LOT 1 BLK 16
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Interior
Flooring Ceramic Tile Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Fencing Back Yard Fenced
Parking Features Assigned Guest
Lot Features Corner Lot < 1/4 Acre
Water Source Public
Total Parking 9
Lot Size Area 8276.4
Foundation Details Slab
Building Area Total 4588
Lot Size Acres 0.19
Road Surface Type Asphalt
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Ram Almog

Listing Agent

Affordability Calculator

$10,017
Per Month
84%
16%
0%
Monthly Principal & Interest
$8,366
Monthly Property Taxes
$1,651
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
7/14/2026 $1,325,000 Listed Price

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1820 NE 56th Street, Fort Lauderdale, FL, is a Commercial Property for sale at $1,325,000 with 4,588 sqft and a lot size of 0.19. 1820 NE 56th Street was built in 1965. The property's zip code is which is in Fort Lauderdale, FL

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