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

$1,270,000 USD

Apartments For Sale  •  2,664 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,664 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 5.50 %
  • Zoning RMM25
30 Transit Score
80 Walk Score

Highlights

6-unit multifamily building on a large corner lot in the Lake Ridge neighborhood
Recently updated with new electrical panels, partial PVC plumbing, tile flooring, recessed lighting, and multiple new appliances and A/C units
Located less than 2 miles from Fort Lauderdale Beach and close to major retail, dining, and entertainment options.

Financial Summary (Actual)

Net Operating Income: $69,850 USD (2024)
Cap Rate: 5.50 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Laundry Facilities
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Walk-In Closets
  • Porch

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.3 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 12 min - 4.9 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 18 min - 9.7 mi
Miami International 55 min - 34.9 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 10
Type: Reserved
Included in Rent: Yes
Martine BENSOUSSAN GUIMEZ 954-756-0119 Miami Forever Real Estate
Martine BENSOUSSAN GUIMEZ 954-756-0119 Miami Forever Real Estate