1501 NE 12th St, Fort Lauderdale, FL

1501 NE 12th St, Fort Lauderdale, FL, USA

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596 m²

Location

Florida

Description

AMAZING 7% CAP RATE NOI NNN INVESTMENT OPPORTUNITY w/ 5yr LONG TERM LEASE remaining + $11,000/mth income w/ a single tenant using the entire property as a DETOX RESID CARE FACILITY. Everything has been FULLY REMODELED in this triplex nestled in vibrant Lake Ridge. Legal triplex comprises 4 UNITS: 3 spacious 1-bedroom/1-bathroom units w/ kitchens & access to the back patio (including a detached cottage) & one efficiency studio. All units come fully furnished & equipped. Positioned in an "AIRBNB DREAM" area, boasting an average 89% occupancy. Features include an enclosed garage, ample amenities, detached laundry room, 7 parking spaces, & lush landscaping. This is a strategic investment in one of Ft Lauderdale's most sought-after areas. SEE FLOOR PLANS, LEASE & FINANCIAL BREAKDOWN ATTACHED. Schedule a Private Showing