Multifamily in Fort Lauderdale, FL 33304
Lake Ridge, 1717 NE 12th St

2,538
SqFt
Status
Sold - Oct 15, 2021
Size
2,538 SqFt (236 m2)
Price
$374/SqFt ($4,029/m2)
Type
Multifamily
Built
1962
MLS Number
F10292369
On Site
1890 Days
Updated
6 Days ago
Page Views
0
Unique opportunity to own a LEGAL 6-UNIT building in the east Fort Lauderdale neighborhood of Lake Ridge! Five studios & one 1-bedroom. Building recently updated/renovated and new tenants have been brought in. New electrical panels, partial PVC, tile flooring, several water heaters, appliances & A/C units replaced, recessed lighting, W/D on site. Parking for 8+ cars. Each unit has only ONE occupant. All long-term tenants now, but this is a perfect AIRBNB opportunity for the future! Current CAP rate 6.1%. Room to grow! Less than 2 miles to Fort Lauderdale Beach!

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: None, SeparateMeters, WallFurnace
        • Cooling Description: CeilingFans, WallWindowUnits
        Building and Construction
        • Floor Description: CeramicTile,Terrazzo
        • Windows/Treatment: Blinds
        • Year Built: 1962
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2021-07-09T15:59:19.000-00:00
          Taxes, Fees & More
          • Maintenance Includes: MaintenanceGrounds, Water
          • Taxes: 9797
          • Total Floors in Building: 1
          • Total Units in Building: 4
          • Total Units in Complex: 4

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          11/15/2021
          Listed
          $950K
           
          $374 ft2
          $4,029 m2
          11/15/2021
          $950K
          Event
          Listed
          Price Per
          $374 ft2
          $4,029 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Heidi Braunhardt • LoKation • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          81

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          38

          100
          Bike Score®
          Bikeable. Some bike infrastructure
          57

          100
          Sound Score®
          Bearable noise
          77

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          29

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          1 – 4 BR
          Bedrooms
          $145K – $1.6M
          Price Tier
          540 - 10,650
          SqFt Range
          2004
          Year Build
          2
          Total Floors

          Subdivision Amenities

          None
          Pool

          Fort Lauderdale
          Mid-Tier
          Mid-Tier Homes & Condos

          Lake Ridge Communities in Fort Lauderdale, FL