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!
Listed by Marine Guimez
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License #3296633
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Miami Forever Real Estate
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954-756-0119
Last updated September 09, 2025
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Source: MIAMIRE #A11875467
Listing Facts
TypeMulti-family
NeighborhoodLake Ridge
Days on Prevu43
Taxes$18,461/year
Size2,664 sqft
Price per sqft$477
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
09/09/2025
Listed by Miami Forever Real Estate
$1,270,000
Property Details for 1717 NE 12th St
Association
General
Number Of Units In Community: 4
Exterior
Construction
Number Of Units Total: 6
Roof: Slate
Stories: 1
Stories Total: 1
Structure Type: Quadruplex, Fourplex
Year Built: 1962
Year Built Details: Resale
Architectural Style: Attached
Building Name: PROGRESSO
Construction Materials: Concrete Block Construction
Exterior Features: Exterior Lights, Fruit Trees
Features
Building Features: Laundry Facility
Measurements
Building Area Total: 2,664
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 494234028660
Tax Annual Amount: $18,461.00
Tax Year: 2024
Interior
Features
Flooring: Ceramic Floor, Parquet
Measurements
Living Area: 2,664
Living Area Units: Square Feet
Other
Location
Subdivision Name: PROGRESSO
Parking
Parking
Parking Total: 10
Utilities
Equipment
Cooling: Ceiling Fan(s), Electric
Has Cooling: Yes
Sewer: Public Sewer
Water Source: Municipal Water
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.