1501 Northeast 12th Street

Fort Lauderdale, FL 33304

$985,000
Last Sold Price
Beds
2,397 Sq. Ft.
$411 / Sq. Ft.
2,397
Sq. Ft.
$411
per Sq. Ft.

Description

Welcome to this stunning corner triplex nestled in vibrant Lake Ridge. This property is not just a home; it's an investment opportunity waiting to be seized. The legal triplex comprises four units: three spacious 1-bedroom/1-bathroom units with kitchens and access to the back patio (including a detached cottage), and one efficiency studio. All units come fully furnished and equipped. Positioned in an Airbnb dream area, boasting an average 89% occupancy. Ideal for investors or someone who wishes to...Welcome to this stunning corner triplex nestled in vibrant Lake Ridge. This property is not just a home; it's an investment opportunity waiting to be seized. The legal triplex comprises four units: three spacious 1-bedroom/1-bathroom units with kitchens and access to the back patio (including a detached cottage), and one efficiency studio. All units come fully furnished and equipped. Positioned in an Airbnb dream area, boasting an average 89% occupancy. Ideal for investors or someone who wishes to live in one unit while renting out the other three. Features include an enclosed garage, ample amenities, a detached laundry room, 7 parking spaces, and re-imagined landscaping. This is a strategic investment in one of Fort Lauderdale's most sought-after areas. Call today for a private showing.

Property Details for 1501 Northeast 12th Street

Subdivision
PROGRESSO
Style
R30-No Pool/No Water
Waterfront
No
View
Garden View
Area
3380
Geographic Area
Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Auction
No
Sq Ft Total
2397

Location

Listing Courtesy of: .

Add your commute
LISTING UPDATED: 05/08/2024 06:57 PM

Property Details for 1501 Northeast 12th Street

StatusClosed
MLS #A11520265
Days on Market7
Taxes$16,080 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeSingle Family / Single
Year Built1959
Lot Size0.15 AC / 6,505 SF
CountyBroward County

Location

Listing Courtesy of: .

Add your commute

Building Information for 1501 Northeast 12th Street

Stories1Year Built1959Building Size-Lot Size0.15 AC / 6,505 SF

Payment Calculator

$6,716 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,376

Property Taxes

$1,340

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1501 Northeast 12th Street

Location Information
Schools
  • Elementary School: Bennett
  • Middle School: Sunrise
  • Senior High School: Fort Lauderdale
Location Information
  • Parcel Number Free Text: 494234029240
  • Parcel Number MLX: 9240
  • MLS Area: 3380
  • Township Range: 49
  • Section: 34
  • Subdivision Number: 2
  • Subdivision Complex Bldg: PROGRESSO
  • Zoning Information: RC-15
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: Guest Parking, Street Parking
General Information
  • Front Exposure: South
  • Housing Older Persons Act: No HOPA
  • Property Sq Ft: 6505
  • Lot Description: Less Than 1/4 Acre Lot
  • Pool: No
  • Design: Attached
  • Design Description: One Story
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Shingle Roof
  • Flooring: Concrete Floors, Tile Floors
  • Floor Description: Concrete Floors, Tile Floors
Room Information
Room Information
  • Rooms Description: Cottage
  • Bedroom Description: At Least 1 Bedroom Ground Level
Additional Property Information
Utilities
  • Heating Description: Window/Wall
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
Additional Property Information
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: First Floor Entry
  • Equipment Appliances: Dishwasher
  • Exterior Features: Open Porch
  • Subdivision Information: Street Lights
Financial Information
Financial Information
  • Total Mortgage: $510,000
  • Type of Association: None
  • Flood Zone: X
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
Rental Information
Furnished / Unfurnished
  • Furnished Info Sold: Furnished

Property History for 1501 Northeast 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1501 Northeast 12th Street

Taxable ValueLand-Additions-Total-
Tax Record2020$8,000 ($667 / month)
Home Facts
Total Finished SqFt1,878 SqFtAbove Grade Finished SqFt1,878 SqFtStories1Lot Size6,505 SqFtStyleMulti-Family Res (5+ Units)Year Built1958Year Renovated1959ZoningRC-15CountyBROWARDAPN494234029240

Schools near 1501 Northeast 12th Street

This home is within Broward.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Bennett Elementary School
PublicPK to 5

Sunrise Middle School
Public6 to 8

Fort Lauderdale High School
Public9 to 12

Virginia Shuman Young Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.