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24-Unit Apartment Building
For Sale
Contact for pricing
Pending

50 SE 12th Street, Fort Lauderdale, FL 33316

Multifamily property configured for Airbnb rentals with separately metered electric service for each unit.

Property SizeContact for details
Days on Market143

Property Features for 50 SE 12th Street

General Information

Standard status Pending
Property subtype Special Purpose

Units

Unit Mix 23 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 24

Additional Details

Utilities to Site Yes
Listing Agency: The Keyes Company Fort Lauderdale
Listed By: Lauren Coloney · License #3286895
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 2:07AM

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 The Keyes Company Fort Lauderdale

Investment Insights

Based on property information with market context.

This 24-unit apartment property in Fort Lauderdale includes 23 one-bedroom, one-bath units and one two-bedroom, one-bath unit. The building is currently operated as Airbnb rentals through the seller’s management company, which may remain available to a new owner by arrangement.

Each apartment has its own electric meter, providing the option to transfer units to annual tenants. The property has one water meter serving the building. Its unit mix and existing short-term rental operation offer a defined multifamily configuration at 50 SE 12th Street.

Key Highlights

  • 24 total units: 23 one‑bedroom/one‑bath units and one two‑bedroom/one‑bath unit
  • Currently operated as Airbnb rentals
  • Seller’s management company may continue managing the property by arrangement

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Tanning Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,362
Businesses Nearby

Demographics for 33316, FL

12,669
Population
8,946
Households
1.4
Avg Household Size
50
Median Age
54%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
3,090
Density / Sq Mi
$89,200
Median Household Income
$52,992
Median Earnings
$2,047
Median Rent
$793,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property configured for Airbnb rentals with separately metered electric service for each unit.
Where is this apartment building located?
The property is located at 50 SE 12th Street Fort Lauderdale, FL.
What are key features of this property?
This property features: 24 total units: 23 one‑bedroom/one‑bath units and one two‑bedroom/one‑bath unit; Currently operated as Airbnb rentals; Seller’s management company may continue managing the property by arrangement
More about this property
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