Duplex with Impact
For Sale
$640,000
400 SW 12th, Fort Lauderdale, FL 33315
Residential Income, Fort Lauderdale, FL
Property Size1,569 SF
Lot Size0.15 Acres
Price / SF$407.90
Days on Market110
Property Features for 400 SW 12th
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RD-15
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1
Pets allowed
Yes, No
Fencing
Fenced, Privacy
Subdivision
LAUDERDALE
Lot features
Corner Lot
Elementary school
Croissant Park
Middle school
New River
High school
Stranahan
Standard status
Active
APN
504215011990
Size
1,569 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LAUDERDALE 2-9 D LOT 1 LESS ST,2 LESS ST,3 N1/2 BLK 32
Tax Annual Amount
8764
Legal Description
LAUDERDALE 2-9 D LOT 1 LESS ST,2 LESS ST,3 N1/2 BLK 32
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
private backyard
Building Details
Year built
1951
Floors in Building
1
Number of units
2
Flooring type
Wood, Tile, Vinyl
Building materials
CBS, Concrete Block - No Stucco, Stucco
Roof type
Shingle
Listing Agency:
LoKation
(954) 545-5583
Listed By:
Christian Jaramillo · License #3368710
(561) 376-4994
Added: Jun 20
Changed: Oct 6
Last Checked: Oct 7 at 4:06AM
MLS# B26044163
Copyright © 2026 BeachesMLS. 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 1951 duplex contains two 2-bedroom, 1-bathroom units within 1,569 square feet. The property occupies a 0.15-acre corner lot and includes hurricane impact windows, recessed lighting, central heating and air conditioning, and a fenced backyard with mature palm trees. Furniture is included.
The property is in Fort Lauderdale, north of the Croissant Park neighborhood. It has public water and sewer service, cable availability, and RD-15 zoning.
The property is in Fort Lauderdale, north of the Croissant Park neighborhood. It has public water and sewer service, cable availability, and RD-15 zoning.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,569‑square‑foot building on a 0.15‑acre corner lot
- Hurricane impact windows and recessed lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,155
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,100
$523.1K
Cap Rate 7%
$373,643
$373.6K
Cap Rate 9%
$290,611
$290.6K
Market Conditions
NOI Build-Up for 1,569 SF
Gross rent
$39.5K $25.20/SF
− Vacancy
−$2.2K −$1.39/SF
EGI
$37.4K $23.81/SF
− OpEx
−$11.2K −$7.14/SF
NOI
$26.2K $16.67/SF
Area
Fort Lauderdale, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,100
Cap Rate 7%
$373,643
Cap Rate 9%
$290,611
Alternative Uses
Best Use
Multifamily LT 5
$373.6K
$326.9K – $435.9K
NOI $26,155 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$336.6K
$294.5K – $392.7K
NOI $23,561 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$1.05M
$922.6K – $1.23M
NOI $73,806 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,802
Businesses Nearby
Explore this area
Business Placement
Demographics for 33315, FL
13,555
Population
6,991
Households
1.9
Avg Household Size
43
Median Age
35%
College-Educated
94%
High-School Grad
5.3 sq mi
ZIP Area
2,558
Density / Sq Mi
$90,760
Median Household Income
$43,815
Median Earnings
$1,789
Median Rent
$492,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom residences provide a flexible layout, with RD-15 zoning and a fenced backyard.
Where is this duplex located?
The property is located at 400 SW 12th Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,569‑square‑foot building on a 0.15‑acre corner lot; Hurricane impact windows and recessed lighting
