$400,000
$455,000
12.1%For more information regarding the value of a property, please contact us for a free consultation.
500 SW 12th St Fort Lauderdale, FL 33315
3,460 SqFt
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,460 sqft
Price per Sqft $115
Subdivision Lauderdale 2-9 D
MLS Listing ID F10131689
Sold Date 07/27/18
Style Duplex
Construction Status Unknown
HOA Y/N No
Year Built 1964
Annual Tax Amount $6,422
Tax Year 2017
Property Description
Huge price reduction to sell fast! Huge legal duplex located just a hop skip and a jump to the best East Fort Lauderdale has to offer. Currently rented with two permanent renters, plus 5 bedrooms all rented on Air BNB. Each Air BNB room has a private entrance from outside and grosses over 1,000 per month. Major cash cow with a history of extremely positive cash flow. This is more than just a building on a piece of land, over 3,500 square foot residential compound sits on over a quarter acre of land. This property can be kept as an income producing property or converted and used as a huge house for your own needs. This property can easily accommodate a large family or to be used as a rehab facility. Property needs some TLC, and has potential to make MORE MONEY than it's currently producing!
Location
State FL
County Broward County
Area Ft Ldale Sw (3470-3500;3570-3590)
Zoning RD-15
Interior
Heating Heat Pump/Reverse Cycle
Cooling Ceiling Fans, Central Cooling
Flooring Tile Floors
Exterior
Pool Below Ground Pool
Water Access N
Roof Type Wood Shingle Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Unknown
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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