Residential Income
900 SE 12th Street Fort Lauderdale, FL 33316
900 SE 12th Street, Fort Lauderdale, FL, 33316
$750,000
For Sale
$750,000
For sale residential income property configured as a duplex/multifamily asset in Fort Lauderdale.
Property Size1,615 SF
Price / SF$464.40
Days on Market15
Property Features for 900 SE 12th Street
General Information
- Standard status
- Active
- Size
- 1,615 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1953
Listing agency
Beckett Realty Advisors, LLC
(954) 815-8818
Listed by
Kenneth L Beckett · License #A11982609
(954) 815-8818
Source
Riserealty
Added: Jul 9 Updated: Jul 23 at 3:58AM Checked: Jul 23 at 3:58AM
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 Beckett Realty Advisors, LLC
Investment Insights
Based on property information with market context.
This residential income property is offered for sale as a duplex/multifamily asset. The offering is well-suited for buyers seeking income-producing housing with a multi-unit configuration.
The property is located at 900 SE 12th Street in Fort Lauderdale, Florida 33316. Details on unit layout, condition, and any recent improvements are not provided in the available information.
Prospective buyers should review the full marketing package and available rent and operating information to confirm how the duplex is configured and to evaluate the property’s income potential.
The property is located at 900 SE 12th Street in Fort Lauderdale, Florida 33316. Details on unit layout, condition, and any recent improvements are not provided in the available information.
Prospective buyers should review the full marketing package and available rent and operating information to confirm how the duplex is configured and to evaluate the property’s income potential.
Key Highlights
- Residential income property configured as a duplex/multifamily asset
- Year built: 1953
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 | $40.7k | $25.20 |
| − Vacancy | −$2.2k | −$1.39 |
| EGI | $38.5k | $23.81 |
| − OpEx | −$11.5k | −$7.14 |
| NOI | $26.9k | $16.67 |
1,615 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$384.6K
$336.5K – $448.7K
NOI $26,922 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$346.4K
$303.1K – $404.2K
NOI $24,251 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$1.09M
$949.6K – $1.27M
NOI $75,970 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - For sale residential income property configured as a duplex/multifamily asset in Fort Lauderdale.
Where is this duplex located?
The property is located at 900 SE 12th Street Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Residential income property configured as a duplex/multifamily asset; Year built: 1953
