Renovated Triplex with New
612 NW 10th Ter Fort Lauderdale, FL 33311
For Sale
$799,900
MULTI_FAMILY - Fort Lauderdale, FL
Property Size1,958 SF
Price / SF$408.53
Days on Market10
Property Features for 612 NW 10th Ter
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Rooms
Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 7, Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 5, Bathroom 2
Parking
4
Window features
Blinds
Exterior features
Barbecue, Fence, Lighting
Fencing
Fenced
Standard status
Active
APN
494234078640
Size
1,958 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
PROGRESSO 2-18 D LOT 30,31 BLK 330
Tax Annual Amount
11082
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Shingle
Listing Agency:
Epique Realty Inc.
(888) 893-3537
Listed By:
Shirelle TianVan · License #0647414
(954) 205-4995
Added: Jul 18
Changed: Jul 25
Last Checked: Jul 27 at 10:06AM
MLS# A11975415
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated triplex features contemporary interior finishes, porcelain floors, and a newer roof. It is currently operated as a short-term rental, and it is rated as a “Guest Favorite,” providing an established operating use for an owner who wants to continue the concept. The property is suited to hands-on ownership with a turn-key interior presentation.
Located in Fort Lauderdale, the property is positioned close to shopping, dining, and major highways, supporting convenient day-to-day access for occupants and guests.
For buyers seeking an owner-occupant option, this triplex can accommodate living while maintaining income-oriented use. Investors may also find it compelling as an income-producing residential property with an existing short-term rental operation and a demonstrated guest rating. Buyers should review current operating details and confirm any income expectations during their due diligence.
Located in Fort Lauderdale, the property is positioned close to shopping, dining, and major highways, supporting convenient day-to-day access for occupants and guests.
For buyers seeking an owner-occupant option, this triplex can accommodate living while maintaining income-oriented use. Investors may also find it compelling as an income-producing residential property with an existing short-term rental operation and a demonstrated guest rating. Buyers should review current operating details and confirm any income expectations during their due diligence.
Key Highlights
- Renovated triplex currently operating as a short‑term rental
- Porcelain/ceramic tile flooring with contemporary finishes
- Central heating and ceiling fan(s)
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.3k | $25.20 |
| − Vacancy | −$2.7k | −$1.39 |
| EGI | $46.6k | $23.81 |
| − OpEx | −$14.0k | −$7.14 |
| NOI | $32.6k | $16.67 |
1,958 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$466.3K
$408.0K – $544.0K
NOI $32,639 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$420.0K
$367.5K – $490.0K
NOI $29,402 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,104 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Renovated triplex with contemporary finishes and a newer roof, currently operated as a short-term rental.
Where is this triplex located?
The property is located at 612 NW 10th Ter Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Renovated triplex currently operating as a short‑term rental; Porcelain/ceramic tile flooring with contemporary finishes; Central heating and ceiling fan(s)
