1501 NE 12th St, Fort Lauderdale, FL 33304, MLS F10488973

1501 NE 12th St

Fort Lauderdale, FL 33304

$1,675,000

Active

94+

$1,675,000

Active

Bedrooms

Bathrooms

N/A

Half Baths

1,985

Size Sq. Ft.

DOM

1501 NE 12th St Fort Lauderdale, FL 33304

Beds, Baths, Fourplex 1,985 Sq.Ft.

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AMAZING 7% CAP RATE NOI NNN INVESTMENT OPPORTUNITY w/ 5yr LONG TERM LEASE remaining + $11,000/mth income w/ a single tenant using the entire property as a SUPERVISED SOBER LIVING FACILITY. Everything has been FULLY REMODELED in this triplex nestled in vibrant Lake Ridge. Legal triplex comprises 4 UNITS: 3 spacious 1-bedroom/1-bathroom units w/ kitchens & access to the back patio (including a detached cottage) & one efficiency studio. All units come fully furnished & equipped. Positioned in an AIRBNB DREAM area, boasting an average 89% occupancy. Features include an enclosed garage, ample amenities, detached laundry room, 7 parking spaces, & lush landscaping. CALL LA TO REQUEST MORE INFO AND LEASE. SEE FLOOR PLANS, LEASE & FINANCIAL BREAKDOWN ATTACHED.

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Listing Summary

Address 1501 NE 12th St
City Fort Lauderdale
County Broward County
Zip 33304
Price $1,675,000 ($844 / SqFt)
Status Active
Subdivision
Pets Allowed No
MLS® # F10488973

Property Type Residential Income
Property Sub TypeFourplex
Status Active
Square Feet 1,985
Year Built 1958
Waterfront No
Maintenance Fees No Info Provided
Taxes $15,966
Tax Year 2024

Contact Agent

1501 NE 12th St

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Active

$1,675,000

| 1,985 sf ($844 / SqFt)

1501 NE 12th St
Fort Lauderdale, FL 33304

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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (F10488973) is provided courtesy of (Blue Realty Team, LLC). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-09-2025. IDX powered by Realty Net Media