FL > Fort Lauderdale > Progresso 2-18 D
Fort Lauderdale, FL 33304,1501 NE 12th St
Fort Lauderdale, FL 33304,1501 NE 12th St
Fort Lauderdale, FL 33304,1501 NE 12th St
Fort Lauderdale, FL 33304,1501 NE 12th St
Fort Lauderdale, FL 33304,1501 NE 12th St
Fort Lauderdale, FL 33304,1501 NE 12th St
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
1
Mar
Sun
2
Mar
Mon
3
Mar
Paul Schafranick

Paul Schafranick

+1(561) 255-7285
$ 1,675,000
Est. payment | /mo

1,985 SqFt

Save
$ 1,675,000
Est. payment | /mo
Save

1,985 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,985 sqft

Price per Sqft $843

Subdivision Progresso 2-18 D

MLS Listing ID F10488973

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1958

Annual Tax Amount $15,966

Tax Year 2024

Property Sub-Type Fourplex

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 DETOX RESID CARE 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. This is a strategic investment in one of Ft Lauderdale's most sought-after areas. SEE FLOOR PLANS, LEASE & FINANCIAL BREAKDOWN ATTACHED.

Location

State FL

County Broward County

Community Lake Ridge

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning RC-15

Interior

Heating Central Heat

Cooling Central Cooling

Flooring Tile Floors

Exterior

Water Access N

Roof Type Composition Roll

Private Pool No

Building

Lot Description 1/4 To Less Than 1/2 Acre Lot

Story 1.0000

Foundation Concrete Block Construction, Cbs Construction

Sewer Municipal Sewer

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional, Owner Financing, Owner Hold 2nd Mortgage

Listing Terms Cash, Conventional, Owner Financing, Owner Hold 2nd Mortgage

Special Listing Condition As Is

BeachesMLS Matrix (RAPB-F prefix)
Listed by Blue Realty Team, LLC
agent-avatar

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(561) 255-7285

paul.schafranick@lptrealty.com

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Paul Schafranick, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(561) 255-7285 to obtain direct assistance.

Tour the Home

1501 NE 12th St