Well-Maintained Duplex Income
3712 SW 12th Ct Fort Lauderdale, FL 33312
For Sale
Contact for pricing
Well-maintained duplex with two 2-bedroom, 1-bath units, each tenant paying water and electricity on a month-to-month basis.
Property Size1,636 SF
Price / SF$336.19
Days on Market107
Property Features for 3712 SW 12th Ct
General Information
- Standard status
- Active
- Size
- 1,636 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1972
Listing Agency:
Lifestyle International Realty
(786) 603-5255
Listed By:
SAMANTHA NORIEGA · License #3281322
Source:
Crexi
Added: Apr 9
Changed: Jul 23
Last Checked: Jul 23 at 10:23AM
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 Lifestyle International Realty
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two separate 2-bedroom, 1-bath units. Each unit has its own utility responsibility, with tenants paying water and electricity. Tenants are month-to-month, providing flexible occupancy.
The property is located in Fort Lauderdale, with convenient access to major routes and amenities. It is about 10 minutes from Fort Lauderdale-Hollywood International Airport, roughly 15 minutes to Downtown and the beach, and close to I-95, I-595, restaurants, and shopping.
As an income-producing residential income property, the duplex is configured as two independent living units and is currently occupied under month-to-month tenancy terms.
The property is located in Fort Lauderdale, with convenient access to major routes and amenities. It is about 10 minutes from Fort Lauderdale-Hollywood International Airport, roughly 15 minutes to Downtown and the beach, and close to I-95, I-595, restaurants, and shopping.
As an income-producing residential income property, the duplex is configured as two independent living units and is currently occupied under month-to-month tenancy terms.
Key Highlights
- Well‑maintained duplex built in 1972
- 2 units total, each a 2‑bedroom/1‑bath layout
- Each tenant pays their own water and electricity
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 | $41.2k | $25.20 |
| − Vacancy | −$2.3k | −$1.39 |
| EGI | $39.0k | $23.81 |
| − OpEx | −$11.7k | −$7.14 |
| NOI | $27.3k | $16.67 |
1,636 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$389.6K
$340.9K – $454.5K
NOI $27,272 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$351.0K
$307.1K – $409.5K
NOI $24,567 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$1.10M
$962.0K – $1.28M
NOI $76,957 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 1-bath units, each tenant paying water and electricity on a month-to-month basis.
Where is this duplex located?
The property is located at 3712 SW 12th Ct Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1972; 2 units total, each a 2‑bedroom/1‑bath layout; Each tenant pays their own water and electricity
