1501 NE 12th St, Fort Lauderdale, FL 33304

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#1#2#3
1501 NE 12th St,Fort Lauderdale, FL 33304
$1,599,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,985 sq. ft.
  • Multi-family
  • Pending
Listed by:steve boyette
Office:blue realty team, llc.
MLS#:F10488973
Source:RMLS

Price summary

  • Price:$1,599,000
  • Price per sq. ft.:$805.54

About this home

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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Home facts

  • Year built:1958
  • Listing Id #:F10488973
  • Added:24 day(s) ago
  • Updated:August 18, 2025 at 07:33 AM

Rooms and interior

  • Living area:1,985 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1958
  • Building area:1,985 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,599,000
  • Price per sq. ft.:$805.54
  • Tax amount:$15,966 (2024)
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