1501 NE 12th St, Fort Lauderdale, FL 33304
- $1,599,000
- 1,985
- SqFt
- List Price
- $1,599,000
- Price Change
- ▼ $76,000 1745469871
- Days on Market
- 70
- MLS#
- F10488973
- Sq. Ft
- 1,985
- Subtype
- Quadruplex
- County
- Broward
- Subdivision
- Progresso 2-18 D
- Year Built
- 1958
Property 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 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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Additional Information
- Construction
- Block
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central
- Roof
- Composition
- Taxes
- $15,966
- Utilities
- Cable Available
- Amenities
- Non-Gated
- Stories
- 1
- Price Per Sqft
- $805
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Listing courtesy of Blue Realty Team, LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2025 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2025 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Steve Boyette | Email: steve@bluerealtyteam.com