1233 NE 12th Ave - Apartments FOR SALE


Fort Lauderdale, FL 33304- Lake Ridge
$2,600,000 USD
954-412-2866
1233 NE 12th Ave, Fort Lauderdale, FL for Sale
$2,600,000 USD
Apartments - FOR SALE
1/55
null | 5.08% Cap Rate

1233 NE 12th Ave
Fort Lauderdale, FL 33304
Lake Ridge


HIGHLIGHTS

  • Minutes to beach, Las Olas Blvd, and Downtown Fort Lauderdale
  • New Construction - Low Maintenance Design
  • Fort Lauderdale's Top Emerging Market - Projected Strong Appreciation

OVERVIEW

Rare opportunity to acquire a full duplex consisting of two new-construction luxury townhomes in the heart of Fort Lauderdale. Located at 1233 NE 12th Ave, Units A & B are offered together as an entire building, delivering over 5,200 total sq ft of modern, thoughtfully designed living space. Each townhome includes 4 bedrooms, 5 bathrooms, a gourmet kitchen with quartz countertops and premium appliances, open-concept living, private garages, impact windows and doors, and high-efficiency systems. Built in 2025 with no HOA and fully fee-simple ownership. Located in the rapidly evolving Lake Ridge neighborhood—just minutes from Las Olas Boulevard, Fort Lauderdale Beach, Flagler Village, and Downtown Fort Lauderdale—this property benefits from its proximity to some of the city’s most transformative redevelopment zones, including: The Flagler Village Arts District, with over $1B in new mixed-use developments The Six13 and Motif projects bringing hundreds of new residential units and retail space Downtown Fort Lauderdale's Riverwalk expansion and Brightline-adjacent projects The upcoming redevelopment of Searstown and the Sunrise Blvd corridor Lake Ridge has emerged as a prime infill submarket with increasing new construction, zoning flexibility, and strong rental demand. With continued population growth, limited inventory, and a favorable regulatory environment, this area is seeing sharp appreciation and investor interest. Ideal for: Investors seeking a turn-key luxury duplex in an appreciating market Short-term rental operators (Airbnb/VRBO permissible—verify city regulations) End-users looking to live in one unit and rent the other

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,300,000

CAP RATE

5.08%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fort Lauderdale's Top Emerging Market

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,250 SF

ZONING

RC-15

APN/PARCEL ID

49-42-34-03-0320

ASK ABOUT THIS PROPERTY

Shane ZvulunCoast ReiMore Info
954-412-2866

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Shane ZvulunCoast ReiMore Info
954-412-2866

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.