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$1,675,000
13 Days On Site

1501 NE 12th St
Fort Lauderdale, FL 33304

For Sale|Quadruplex|Active
0
Beds
0
Full Baths
0
Partial Baths
1,985
SqFt
$844
/SqFt
1958
Built
Subdivision:
Progresso 2-18 D
County:
Broward
Call Now: 754-300-6040
Is this the home for you? We can help make it yours.
754-300-6040
1501 NE 12th St1501 NE 12th St1501 NE 12th St1501 NE 12th St
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Monthly Payment (Est.)

$7,642
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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 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.

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Listing Snapshot
Price 
$1,675,000
Days On Site 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,985 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1958
MLS® Number 
F10488973
Status 
Active
Property Tax 
$15,966
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Parking Spaces 
9
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Stories 
One
Style 
Fourplex
Utilities 
Cable Available
Zoning 
RC-15
Interior Features
Cooling 
Central Air
Flooring 
Tile
Heating 
Central
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Exterior Features
Construction Details 
Block
Pool Features 
None
Roof 
Composition
Community Features
Financing Terms Available 
AssumableCashConventionalOwner May Carry
MLS Area 
3380
Listing courtesy of Blue Realty Team, LLC



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-03-13 07:43 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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