Basic Information

  • MLS # F10488973
  • Type Duplex / Quad Plex / Triplex
  • Subdivision/Complex Progresso 2-18 D
  • Year Built 1958
  • Total Sqft 1,985
  • Date Listed 02/27/2025
  • Days on Market 77
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.

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 1,985Sq.Ft
  • Sqft 1,985 Sq.Ft

Property Features

  • Furnished Info No
  • Lot Description Quarter To Half Acre Lot
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Progresso 2-18 D
  • Tax Amount $15,966
  • Tax Year 2024

1501 NE 12th St

Fort Lauderdale, FL 33304

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Blue Realty Team, LLC. tel: (954) 626-8996

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