1501 NE 12th St, Fort Lauderdale, FL 33304
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st



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:26 day(s) ago
- Updated:August 20, 2025 at 07:24 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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