$1,675,000
For Sale

1501 NE 12th Street

Fort Lauderdale, FL 33304
1985 sqft | #FX-10488973
Browse 93 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

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 DETOX RESID CARE 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. This is a strategic investment in one of Ft Lauderdale's most sought-after areas. SEE FLOOR PLANS, LEASE & FINANCIAL BREAKDOWN ATTACHED.

  • Property Details
      • Utility FeaturesCable Connected, Public Sewer
      • SubdivisionProgresso 2-18 D
      • Lot Features1/4 to 1/2 Acre
      • Lot Description1/4 to 1/2 Acre
      • Property TypeMulti-Family
      • RoofComp Rolled
      • MLS #FX-10488973
      • MLS #FX-10488973
      • Original List Price$1,675,000
      • Property SubtypeQuadruplex
      • CoolingCentral
      • CountyBroward
      • Taxes Annual$15,966
      • Cost1675000
      • ZoningRC-15
      • Square Feet1985
      • Year Built1958
      • Stories1

Location

Legal

© BEACHES MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property 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.

Last Updated: . Source: BMLS

Listing Courtesy
Listing Agent: Steven B Boyette (#3296266)
Listing Office: Blue Realty Team, LLC (#278014219)

Peterson Pierre-Louis | Optimar International RealtyReal Estate Group

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    MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

    © BEACHES MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property 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.