$ 774,900.00

1240 NE 12th Ave Fort Lauderdale FL 33304

  • Date added:
  • Post Updated:
    2020-08-28 01:30:04
  • MLS #:
  • Type:
  • Listing Type:
    Exclusive Right
  • Status:
  • Floors:
  • Lot size:
    6751 sq ft
  • Board:
  • Data Last Updated:
  • Courtesy of:
    Mayfair Real Estate LLC


***TURNKEY 5 UNIT APARTMENT BUILDING IN TOP NOTCH LOCATION!*** Legal 5 unit apartment building in Lake Ridge neighborhood, just minutes from Flagler Village, FAT Village Arts District, Whole Foods, and the trendy 13th St corridor that has been seeing lots of revitalization. The property has undergone significant improvements over the past 2 years, and is fully leased and under professional management. An easy hands free investment. Consists of 4 x 1/1 apartments and a large 2/1 apartment with private garden. Over $6,100 in gross monthly income. Common coin-op laundry on site. Property is fully leased, kindly do not disturb tenants.

  • Broker Remarks: Property is fully leased, kindly do not disturb tenants. Call listing agent Chris Kennedy at (954) 260-2923 to schedule a tour. Financials available upon request.

View on map / Neighborhood

  • County: Broward County
  • Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)

Property Details

  • Original List Price: 774900
  • Style of Property: Income Non-Waterfront
  • Subdivision Number: 3
  • Section: 34
  • Unit Count: 3
  • Unit Number: 1-5
  • Construction Type: Concrete Block Construction
  • Legal Description: PROGRESSO 2-18 D LOT 45,46 BLK 105
  • # Buildings: 1
  • # Units: 5
  • # Stories: 1
  • # Tenants: 5
  • Occupancy Information: Tenant Occupied
  • Occupancy Percentage: 100.0000
  • Parcel #: 494234030260
  • Price Unit: 155000
  • Showing Instructions: Appointment Only,See Broker Remarks,Call Listing Agent
  • Terms Considered: Cash,Conventional/Refinance,Other Terms
  • Virtual Tour: https://www.propertypanorama.com/1240-NE-12th-Ave-Unit-15-Fort-Lauderdale-FL-33304/unbranded

Property Features

  • Cooling Description: Central Individual A/C,Wall/Window Unit Cooling
  • Fire Protection: Smoke Detector
  • Floor Description: Tile Floors
  • Heating Description: Central Individual A/C,Wall/Window Units
  • Roof Description: Comp Shingle Roof

Fees and Taxes

  • Tax Amount: 11636
  • Tax Year: 2019


Listing Courtesy of: Mayfair Real Estate LLC   © 2018 Realtors® of the Palm Beaches and Greater Fort Lauderdale. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state laws.   Data Last Updated: 2020-08-27T20:00:09.000