1717 NE 12th St - Apartments FOR SALE


Fort Lauderdale, FL 33304- Lake Ridge
$1,270,000 USD
954-756-0119
1717 NE 12th St, Fort Lauderdale, FL for Sale
$1,270,000 USD
Apartments - FOR SALE
1/11
null | 5.5% Cap Rate

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


OVERVIEW

Unique opportunity to own a LEGAL 6-UNIT building + a Laundry room, large corner lot located in the east Fort Lauderdale neighborhood of Lake Ridge! Five studios & one 1-bedroom. Building recently updated/renovated . 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. All long-term tenants now, but this is a perfect AIRBNB opportunity for the future! Current CAP rate 5.1%. Less than 2 miles to Fort Lauderdale Beach!

FOR SALE DETAILS

PRICE

$1,270,000 USD

PRICE/SF

$477 USD /SF

# OF UNITS

6

PRICE/UNIT

$211,667

CAP RATE

5.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,756 SF

ZONING

RMM25

APN/PARCEL ID

49-42-34-02-8660

ASK ABOUT THIS PROPERTY

Martine BENSOUSSAN GUIMEZMiami Forever Real EstateMore Info
954-756-0119

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Martine BENSOUSSAN GUIMEZMiami Forever Real EstateMore Info
954-756-0119

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