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Backup Offers

1501 NE 12th St, Fort Lauderdale, FL, 33304

$1,050,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,397 SqFt
$438/SqFt
House
Schools Nearby

Location

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1501 NE 12th St, Fort Lauderdale$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGuest, On Street
Garage1 space
Year Built1959
HeatingWall Furnace
CoolingWall/Window Unit(s)
ViewGarden
MLS #A11520265
StatusAccepting Backup Offers
(Active Under Contract)

About 1501 NE 12th St

Welcome to this stunning corner triplex nestled in vibrant Lake Ridge. This property is not just a home; it's an investment opportunity waiting to be seized. The legal triplex comprises four units: three spacious 1-bedroom/1-bathroom units with kitchens and access to the back patio (including a detached cottage), and one efficiency studio. All units come fully furnished and equipped. Positioned in an "Airbnb dream" area, boasting an average 89% occupancy. Ideal for investors or someone who wishes to live in one unit while renting out the other three. Features include an enclosed garage, ample amenities, a detached laundry room, 7 parking spaces, and re-imagined landscaping. This is a strategic investment in one of Fort Lauderdale's most sought-after areas. Call today for a private showing.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1959
  • Stories: 1
  • Living Area: 2,397 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Daniel Uribe Meneses

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Flooring Type: Concrete, Tile
  • Interior: Bedroom on Main Level, First Floor Entry

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Porch

Parking Information:

  • Garage Space: 1 space
  • Parking: Guest, On Street

Virtual/3D Tour

  • Virtual Tour: 1501 NE 12th St

Virtual Tour

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Fort Lauderdale High School, Public Magnet Grades 9-12
  • Sunrise Middle School, Public Magnet Grades 6-8
  • Bennett Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
  • Price Per SqFt: $438/SqFt
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Housing Market Comparison

See how this home compares to others in Fort Lauderdale, FL.

Med. Sold Price

$475K

Med. Price/SqFt

$366

Avg. Days On Market

66

# of Sold Homes

137

1501 NE 12th St vs Fort Lauderdale

41 DAYS ON ROCKET

-25 Days

$1,050,000

+$574.9K More

$438/SqFt

+$72 More

KEY TAKEAWAY

This property is $574.9K more than the Median Sold Price and $72/SqFt more than other homes in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11520265

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Daniel Uribe Meneses

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1056207
5
/10
  • Bennett Elementary School

  • 1755 NE 14th St

  • 0.45 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1056208
4
/10
  • Sunrise Middle School

  • 1750 NE 14th St

  • 0.40 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1056209
6
/10
  • Fort Lauderdale High School

  • 1600 NE 4th Ave

  • 0.89 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,626. Typical income of Fort Lauderdale, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 NE 12th St

What is the listing price of this property?

The listing price of 1501 NE 12th St property is $1,050,000.

What type of property is this?

The property 1501 NE 12th St is a house located in Fort Lauderdale, Florida, 33304.

Is this property for sale now?

Accepting Backup Offers: 1501 NE 12th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1501 NE 12th St are:
Bennett Elementary School: GreatSchools Rating 5/10
Sunrise Middle School: GreatSchools Rating 4/10
Fort Lauderdale High School: GreatSchools Rating 6/10

What is the square footage of this property?

The property 1501 NE 12th St is 2,397 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 NE 12th St is 1959.

Rocket HomesFloridaBroward CountyFort Lauderdale333041501 NE 12th St

This home is located at 1501 NE 12th St in Fort Lauderdale, FL and zip code 33304 in the Lake Ridge neighborhood. This 2,397 square foot home was built in 1959. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $1,050,000.

In March 2024 more than 15 listings in Fort Lauderdale, FL were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 104 were sold below. The inventory of homes for sale in Fort Lauderdale, FL between February 2024 and March 2024 increased by 10%. In March 2024 median list price was $475,006 and the average listing age was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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