1. Florida
  2. Fort Lauderdale
  3. 1501 NE 12th St
$1,599,000

1501 NE 12th St, Fort Lauderdale, FL 33304

  • 1,985 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $806/sqft
  • Property List Date Icon Listed 5 months ago

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.

Listing Status:
Pending
Date Added:
February 27, 2025 at 06:00AM
Listing Office:
Blue Realty Team, LLC : (954) 626-8996
Listing Agent:
Steve Boyette : (954) 871-1687
MLS ID:
F10488973

This listing courtesy of Steve Boyette, Blue Realty Team, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bennett Elementary School

1755 NE 14th St, Fort Lauderdale, FL, 33304

Grades KG-5

0.41 miles away

S

Sunrise Middle School

1750 NE 14th St, Fort Lauderdale, FL, 33304

Grades 6-8

0.37 miles away

F

Fort Lauderdale High School

1600 NE 4th Ave, Fort Lauderdale, FL, 33305

Grades 9-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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