1207 NE 12th Avenue, Fort Lauderdale, FL 33304
Triplex with separate entrances, off-street parking, and multiple private yards, offered fully furnished and equipped in Fort Lauderdale.
- Added:
- May 14, 2026
- Days on Market:
- 41
- Last Refresh:
- Jun 20 at 5:53 am
Property Features for 1207 NE 12th Avenue
General Information
- Standard status
- Active
- Size
- 3,044 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1950
Listing agent Kirsten Schneider License #3197221
Listing office LoKation
Listing date May 14, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LoKation
HighLights
- Triplex built in 1950 with 3,044 SF under RM‑15 multi‑family zoning
- Unit mix: 2/2, 1/1, and 1/1, for a total of 4 bedrooms and 4 bathrooms
- Separate front and rear entrances for each unit plus dedicated off‑street parking for each unit
- Three electric meters and three private landscaped yards (fenced or partially fenced)
- Offered fully furnished and equipped with appliances, BBQ grills, and included linens/housewares (AS‑IS)
- Unit #3 includes additional flex‑space/large storage room with possibility of conversion (as described in floorplan)
Overview
Located at 1207 NE 12th Avenue in East Fort Lauderdale, the property is presented as being about 2 miles from Fort Lauderdale Beach. The triplex is zoned multi-family, with RM-15 referenced for future development options.
Offered AS-IS, this setup is designed for multiple occupancy strategies, including owner-use with rental income, renting all units, or operating it as short-term rentals as described. For buyers seeking a turn-key arrangement, the offering includes furnishings and household items such as appliances, linens, cookware/dinnerware, and BBQ grills. Updates and improvements noted include fresh exterior paint, landscaping, brand-new attic insulation, and outdoor storage.
Local 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 | $76.7k | $25.20 |
| − Vacancy | −$4.2k | −$1.39 |
| EGI | $72.5k | $23.81 |
| − OpEx | −$21.7k | −$7.14 |
| NOI | $50.7k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1319519
- Latitude
- 26.1410377
