1207 NE 12th Avenue, Fort Lauderdale, FL 33304

$975,000
Property Type: Residential Income Square Footage: 3,044 Status: Active
Current Price: $975,000 List Date: 5/14/2026 Last Modified: 9/08/2026

Overview

Description

Investor's dream opportunity just 2 miles to Ft. Lauderdale Beach! NO HOA! Fully furnished & equipped triplex in East Ft. Lauderdale optimized for steady income stream (At listing price current cap rate ~6.5%). This stunning 4-bed/4-bath triplex (2/2,1/1,1/1) spans~3,044 sq ft & is zoned multi-family. Numerous possibilities...live-in, rent-out, AIRBNB, YOU choose! Offered AS-IS, FULLY-FURNISHED & equipped w/décor,linens, dinner/flatware,appliances, BBQ grills & more. Super clean property w/3 separate electric meters, 3 gorgeous, landscaped, private yards, separate front & rear entrances in each unit & dedicated off-street parking. Zoned RM-15 for future development option; primed for profit & ease of use.*Disclosure: Listing agent related to owner. Some AI generated re-design images

Supplements: Three separate units with additional flex-space/value-add large storage room in Unit #3 w/possibility of conversion into another bathroom, walk-in closet, or small gym (See floorplan). With fresh exterior paint, beautiful landscaping, brand-new attic insulation, and outdoor storage, this property is amazing and primed for profit and ease of owners ...

Listing Details MLS# B26028484

General Property Information

Number Of Units Total
3
Property Sub Type
Triplex
Building Area Main
3044
Building Area Source
Public Records
Living Area Main
3044
Living Area Source
Public Records
Adjusted Area Main
2960
Accessibility Features YN
No
Year Built
1950
Parking Total
5
Gated Community YN
No
Lot Size Area
8099
Lot Size Acres
0.19
Senior Community YN
No
Land Lease YN
No
Recreation Lease YN
No
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Pool Private YN
No
Spa YN
No
LP/Assessed Value
2.15

Property Features

Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security; Deposit Held; Financial Statement; Other Available Information; Personal Property Inventory; Rent Rolls Exterior Features: Barbecue; Lighting; Storage Fencing: Back Yard; Fenced; Full; Gate; Masonry; Partial; Wood; See Remarks Flooring: Carpet; Ceramic Tile; Concrete; Engineered Wood; Tile; Wood Foundation Details: Combination Leasing Permitted Details: Okay To Lease Special Listing Conditions: Standard Structure Type: Triplex Tenant Pays: Electricity Source Of Expenses: Owner Provided; Other Construction Materials: Attic/Crawl Hatchway(s) Insulated; Blown-In Insulation; CBS; Stucco Cooling: Ceiling Fan(s); Central Air; Wall/Window Unit(s) Heating: Central Laundry Features: Common Area; In Unit; Laundry Room; Multiple Locations; See Remarks Levels: One Listing Terms: 1031 Exchange; Cash; Conventional; VA Loan Lot Features: Interior Lot; Landscaped Main Living Area: Entry Level; Other Main Living Area Other Equipment: Irrigation Equipment; List Available; Satellite Dish; Varies by Unit Other Structures: Shed(s); Storage Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow; Subject To Tenant Rights Restrictions: See Remarks Road Frontage Type: City Street Road Surface Type: Paved Roof: Shingle Sewer: Public Sewer Special Information: Presently Leased; Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: No Homestead; Tax Reflects No Exemptions Utilities: Cable Connected; Electricity Connected; Phone Available; Sewer Available; Water Available Water Access: None Water Source: Public Window Features: Bay Window(s); Blinds; Rods Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Combination Lock Box; Lockbox; No Sign; Occupied; Text Listing Agent Outdoor Living Spaces: Deck Unit 1 Appliances: Microwave; Range; Refrigerator; Other Unit 1 Interior Features: Built-in Shelves Unit 1 Other Equipment: Air Conditioning Unit; Fuse Box; Smoke Detector(s); Window Coverings; Other Equipment Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Microwave; Range; Refrigerator; Other Unit 2 Interior Features: Built-in Shelves Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Window Coverings; Other Equipment Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Interior Features: Built-in Shelves; Split Bedroom Plan Unit 3 Other Equipment: Fuse Box; Smoke Detector(s); Washer/Dryer Hookups; Window Coverings; Other Equipment Unit 3 Parking Features: Parking Space Unit 3 Rooms: Kitchen; Laundry Room; Separate Dining Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1149500
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Broward
Street Number
1207
Street Direction Prefix
NE
Street Name
12th
Street Suffix
Avenue
Municipality Type
Incorporated
State Or Province
FL
Postal Code
33304
Postal Code +4
2255
Subdivision Name
PROGRESSO
Development Name
Lakeridge
Area
3380
Geographic Area
FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Elementary School
Bennett
Middle Or Junior School
Sunrise
High School
Fort Lauderdale
Special Assessment YN
No
Parcel Number
494234030380
Subdivision Number
3
Zoning
RM-15
Flood Zone
X
Directions
1207 NE 12th AVE (no yard sign placed yet). Please DO NOT walk the property and DO NOT disturb the tenants.
Multiple Offers Accepted
Yes

Financial Information

Application Required YN
No
Master Association YN
No
Tax Annual Amount
12337.96
Tax Year
2025
Tax Assessed/SOH Value
452850
Tax Legal Description
PROGRESSO 2-18 D LOT 20 LESS N 5,21,22 LESS S 10 BLK 106
Assessor Market Value
947220

Status Change Information

Major Change Timestamp
2026-09-02T14:12:13Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-02T14:12:13Z
Status Change Date
2026-05-14

More Information

Co-Ownership

Property Management YN
No

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
3
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
4

Income and Expenses

Gross Income
83400

Ceiling Fan Details

Number Of Ceiling Fans
9

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365

Unit 1 Details

Actual Rent
1800
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished
Hotel Room YN
No
SqFt
595

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-06-30
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
1850
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished
Hotel Room YN
No
SqFt
700

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
Other
Lease Expiration
2026-06-30
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Unit 3 Details

Actual Rent
3295
Baths Full
2
Efficiency YN
No
Furnished
Furnished
Hotel Room YN
No
SqFt
1750

Unit 3 Lease Description

Currently Leased YN
Yes
Lease Term
Month To Month
Lease Expiration
2026-07-31
Occupant Type
Tenant

Unit 3 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
320.3

Originating Details

Originating System Key
20260413133749780175000000
Originating System ID
M00000170
IDX
Listing Office: LoKation
Last Updated: September - 08 - 2026
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