Multifamily in Fort Lauderdale, FL 33304

Lake Ridge, 1207 NE 12th Ave

Investor's dream opportunity just 2 miles to Ft. Lauderdale Beach! NO HOA! Fully furnished & equipped triplex in East Ft. Lauderdale optimized for steady income stream (At listing price current cap rate ~6.5%). This stunning 4-bed/4-bath triplex (2/2,1/1,1/1) spans~3,044 sq ft & is zoned multi-family. Numerous possibilities...live-in, rent-out, AIRBNB, YOU choose! Offered AS-IS, FULLY-FURNISHED & equipped w/décor,linens, dinner/flatware,appliances, BBQ grills & more. Super clean property w/3 separate electric meters, 3 gorgeous, landscaped, private yards, separate front & rear entrances in each unit & dedicated off-street parking. Zoned RM-15 for future development option; primed for profit & ease of use.*Disclosure: Listing agent related to owner. Some AI generated re-design images Three separate units with additional flex-space/value-add large storage room in Unit #3 w/possibility of conversion into another bathroom, walk-in closet, or small gym (See floorplan). With fresh exterior paint, beautiful landscaping, brand-new attic insulation, and outdoor storage, this property is amazing and primed for profit and ease of ownership. Explore AIRBNB, VRBO, or short-term rental possibilities for enhanced return on investment. Some images are AI generated redesigns and profile simple changes in current decor.