Lake Ridge, 1501 NE 12th St Fort Lauderdale, FL 33304

$1,675,000Price
1,985SqFt

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Size: 1,985 ft2 / 184 m2
Price: $844 ft2 / $9,083 m2
Built: 1958
MLS Number: F10488973
On Site: 34 Days
Updated: 9 Days ago
Page Views: 0
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.

Features

Bedrooms
Bathrooms
Exterior and Lot Features

Price History

02/27/2025

Date

Listed

Event

$1.7M

Price

$844 ft2 / $9,083 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Steven BoyetteBlue Realty Team, LLC • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$500/ft²
$1,000/ft²
$1,600/ft²

Unit 1501 NE 12th St – Asking

$844/ft²

(+108%) from Closed Medium $/ft²

Closed Medium $/ft²

$406/ft²
Community $/Price Range (Closed) $206/ft² – $1429/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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