Property profile

601 12th Ave Fort Lauderdale, FL 33312

OFF-MARKET
Turn key restaurants
Property ID
US18-3247774
432 SF 0.22 ac lot Built 1959
Entity Owned 7-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1959
Construction CONCRETE
Total area 432 SF
Lot 0.22 ac (9,572 SF)
Zoning code RD-15
APN 50-42-09-02-0480
UPID US18-3247774

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Home Appliance Store
  • Restaurant

Location

601 12th Ave Fort Lauderdale, FL 33312-2420
Fort Lauderdale metro Census 42700 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2019
6 recorded transactions
2020
Price N/A
2020
Price N/A
2019
$350,143
2017
$285,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RD-15 · Fort Lauderdale, FL
Zoning description

C-WMU - Regional Activity Center - West Mixed Use District RC-15 - Residential Single Family and Cluster/Medium Density RCS-15 - Residential Single Family / Medium Density RD-10 - County RD-12.22 - Irregular Residential…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 601 12th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message