Mixed-Use Property with Existing
For Sale
Contact for pricing
904 SE 12TH Street, Fort Lauderdale, FL 33316
The site includes a single-family residence and approximately 10,000 SF+ of land in Fort Lauderdale.
Property Size1,407 SF
Lot Size0.23 Acres
Price / SF$3.20
Days on Market20
Property Features for 904 SE 12TH Street
General Information
Standard status
Active
Size
1,407 SF
Lot size
0.23 Acres
Property subtype
Mixed Use
Site & Location
Neighborhood
Rvca
Taxes and HOA fees
Annual Taxes
$10,795
Building Details
Building Size
1,407 SF
Year Built
1952
Listing Agency:
The Jarvis Group Inc
Listed By:
Frances Jarvis · License #3207540
(954) 296-7842
Source:
Hahnerealestate
Added: Oct 9
Changed: Oct 26
Last Checked: Oct 26 at 2:47PM
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 Jarvis Group Inc
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Investment Insights
Based on property information with market context.
This mixed-use property in Fort Lauderdale includes an existing single-family residence on approximately 10,000 SF+ of land. The residence was built in 1952, and the property is offered as-is.
The site is in the Harbordale/Rio Vista area, minutes from Downtown Fort Lauderdale, Las Olas Boulevard, US-1 and the 17th Street corridor. Potential use is subject to permitted-use requirements and landlord approval.
The site is in the Harbordale/Rio Vista area, minutes from Downtown Fort Lauderdale, Las Olas Boulevard, US-1 and the 17th Street corridor. Potential use is subject to permitted-use requirements and landlord approval.
Key Highlights
- Approximately 10,000 SF+ of land with an existing single‑family residence
- Residence built in 1952
- Located in Fort Lauderdale's Harbordale/Rio Vista area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,590
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,800
$431.8K
Cap Rate 7%
$308,429
$308.4K
Cap Rate 9%
$239,889
$239.9K
Market Conditions
NOI Build-Up for 1,407 SF
Gross rent
$37.1K $26.40/SF
− Vacancy
−$2.6K −$1.85/SF
EGI
$34.5K $24.55/SF
− OpEx
−$13.0K −$9.21/SF
NOI
$21.6K $15.34/SF
Area
Fort Lauderdale, FL
Vacancy
7.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,800
Cap Rate 7%
$308,429
Cap Rate 9%
$239,889
Alternative Uses
Best Use
Mixed Use
$308.4K
$269.9K – $359.8K
NOI $21,590 @ 7.0% cap · market cap 479.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$945.5K
$827.3K – $1.10M
NOI $66,185 @ 7.0% cap · market cap 1,470.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,459
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The site includes a single-family residence and approximately 10,000 SF+ of land in Fort Lauderdale.
Where is this mixed-use property located?
The property is located at 904 SE 12TH Street Fort Lauderdale, FL.
What are key features of this property?
This property features: Approximately 10,000 SF+ of land with an existing single‑family residence; Residence built in 1952; Located in Fort Lauderdale's Harbordale/Rio Vista area
