1600 Northeast 56th Street

Fort Lauderdale, FL 33334

$995,000
Price
Beds
2,870 Sq. Ft.
$347 / Sq. Ft.
2,870
Sq. Ft.
$347
per Sq. Ft.

Description

Fantastic triplex in coral ridge isles! Close to schools, beaches, highway. Very large 3/2 updated. Very large 2/1 and a very large 1/1. Each unit has been beautifully updated, kitchens, own laundry rooms, lots of parking. This is a terrific income property. Once the vacant unit gets rented, the gross income will be over $75,000 per year. Excellent tenants with annual leases, good deposits. Recently appraisal was $1,000,000!Fantastic triplex in coral ridge isles! Close to schools, beaches, highway. Very large 3/2 updated. Very large 2/1 and a very large 1/1. Each unit has been beautifully updated, kitchens, own laundry rooms, lots of parking. This is a terrific income property. Once the vacant unit gets rented, the gross income will be over $75,000 per year. Excellent tenants with annual leases, good deposits. Recently appraisal was $1,000,000!
  1. Listed by Tyler Tuchow • Fortune Christie's International Real Estate

Property Details for 1600 Northeast 56th Street

Subdivision Name
Coral Ridge Isles 45-47 B
Style
Triplex
Waterfront
No
LISTING UPDATED: 10/17/2024 12:57 PM

Property Details for 1600 Northeast 56th Street

StatusActive
MLS #F10454075
Days on Market126
Taxes$13,797 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1962
Lot Size-
CountyBroward County

Building Information for 1600 Northeast 56th Street

Stories-Residences3Year Built1962Building Size-Lot Size-

Property Information for 1600 Northeast 56th Street

General Information
General Information
  • Sq Ft Liv Area: 2870.0
  • Information Available: Deposit - Last Months Rent, Deposit - Security, Copy Of Lease(S)
  • Township Range: 4942
  • Street Number Numeric: 1600
  • Street Number: 1600
  • Street Direction Prefix: NE
  • Street Name: 56th St
  • County Or Parish: Broward County
  • Postal Code: 33334
  • City and Location Text: Fort Lauderdale
  • Pets On Premises YN: No
  • City Postal ID: 33334
Maintenance / Tax Information
  • Tax Amount: $13,797
  • Tax Information: Tax Reflects No Exemptions
  • Tax Year: 2023
Building Information
  • Property Type: Residential Income
  • Property Type Information: Attached
  • Subdivision Complex Bldg: Coral Ridge Isles 45-47 B
  • Total Units: 3
  • Type of Property: Triplex
  • Year Built Numeric: 1962
  • Year Built Description: Resale
  • MLS Area: 3350
Virtual Tour / Features / Utilities
Interior
  • Floor Description: Ceramic Floor
  • Spa: No
  • Flooring: Ceramic Floor
Exterior
  • Construction Type: Cbs Construction
  • Pool: No
  • Roof Description: Other Roof
  • Windows Treatment: Blinds/Shades
  • Construction: Cbs Construction
  • Roof: Other Roof
Waterfront
  • Water Description: Municipal Water
Utilities
  • Cooling Description: Electric Cooling
  • Heating Description: Central Heat, Electric Heat
  • Cable Available: Yes
  • Separate Meter: Yes
  • Sewer Description: Municipal Sewer
Property / Lot Information
Building Information
  • Unit Count: 3
  • Type of Association: None
  • Zoning Information: RMM-25
  • Num Parking Spaces: 8
  • Num Stories: 1
Community Information
  • Association Fee: $0
  • Gated Community YN: No
  • Property Management: No
Location Information
  • Area: 3350
  • Directions: ON 56 ST EAST OF DIXIE, WEST OF 18 AVE. CORNER OF NE 16 & 56 ST
  • Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
  • Parcel Number Free Text: 494211070150
  • Section: 11
  • State: FL
Lot Information
  • Lot Description: Less Than 1/4 Acre Lot
Multi Family Information
Expense Information
  • Exp Incl Insurance: Yes
  • Exp Incl Lawn Maintenance: Yes
  • Exp Incl Retax: Yes
  • Exp Incl Water Sewer: Yes
  • Total Expenses: $19,850
Income Information
  • Gross Rent Income: $78,300
  • Net Operating Income: $58,450
Rent Information
Rent Information
  • Rent Includes: Hot Water, Sewer, Trash Removal, Water

Property History for 1600 Northeast 56th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1600 Northeast 56th Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Floranada Elementary School
PublicPK to 5

James S. Rickards Middle School
Public6 to 8

Northeast High School
Public9 to 12

Innovation Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1600 Northeast 56th Street is a multi-family home for sale in Fort Lauderdale, FL 33334. This property was listed for sale on July 30, 2024 by Fortune Christie's International Real Estate, it's currently listed at $995,000. It has been on the market for a total of 126 days and was last sold on November 14, 2017. This listing's school district is Broward. Nearby schools include Floranada Elementary School, James S. Rickards Middle School and Northeast High School. 1600 Northeast 56th Street is a 0-bed, 0-bath, 2,870 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fortune Christie's International Real Estate

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.