1501 NE 12th St, Fort Lauderdale, FL 33304

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$1,675,000

bedrooms

bathrooms

square feet

1,985

Acreage

Open Houses

year built

1958

Full Baths

Half Baths

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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.

Location
Subdivision	Progresso 2-18 D
County	Broward County
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: F10488973

Listing agent: Steve Boyette #3296266

Listing broker: Blue Realty Team, Llc (954) 871-1687

Last update: Monday, March 24 2025 at 7:36 p.m. EDT

Kotohomes National