$1,050,000
Sold · July 15, 2025
1501 NE 12th Street
Fort Lauderdale, FL 33304
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $1,050,000
- Vs. list price
- 34.3% under
- Days on market
- 70
- Price per sq ft
- $529
This multi-family property in Progresso 2-18 D sold for $1,050,000 on July 15, 2025. That was 34.3% below its final list price of $1,599,000. It first came on the market at $1,675,000, so the price was adjusted before it sold. It spent 70 days on the market. At $529 per square foot, it closed 23% above the $430 median of the 5 other multi-family property sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,050,000
- Sold On
- July 15, 2025
- Days on Site
- 70 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,985 sqft
- Year Built
- 1958
- Property Type
- Multi-Family
- MLS #
- F10488973
- Property Tax
- $15,966 (2024)
- Subdivision
- Progresso 2-18 D
- Development
- Lake Ridge
- County
- Broward
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
AMAZING 7% CAP RATE NOI NNN INVESTMENT OPPORTUNITY w/ 5yr LONG TERM LEASE remaining + $11,000/mth income w/ a single tenant using the entire property as a SUPERVISED SOBER LIVING FACILITY. Everything has been FULLY REMODELED in this triplex nestled in vibrant Lake Ridge. Legal triplex comprises 4 UNITS: 3 spacious 1-bedroom/1-bathroom units w/ kitchens & access to the back patio (including a detached cottage) & one efficiency studio. All units come fully furnished & equipped. Positioned in an "AIRBNB DREAM" area, boasting an average 89% occupancy. Features include an enclosed garage, ample amenities, detached laundry room, 7 parking spaces, & lush landscaping. CALL LA TO REQUEST MORE INFO AND LEASE. SEE FLOOR PLANS, LEASE & FINANCIAL BREAKDOWN ATTACHED.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Sold
- Year Built
- 1958
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 1,985
- Sewer
- Public Sewer
- Zoning
- RC-15
Interior Features
- Cooling
- Central Air
- Heating
- Central / Separate Meters
- Flooring
- Tile
Exterior Features
- Construction
- Block
- Roof
- Composition
- Exterior Features
- Balcony
- Patio & Porch
- Porch / Balcony
- Lot Features
- Quarter To Half Acre Lot
Community & HOA
- HOA Includes
- Maintenance Grounds
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional / Owner Will Carry
- Restrictions
- Other Restrictions
- MLS Area
- 3380
About the Community
Progresso 2-18 D is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $585,000 to $2,400,000. Homes were built between 1952 and 2026. Pure Equity lists homes in Progresso 2-18 D and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 11
- Median List Price
- $730,498
- Median $/Sq Ft
- $466
- Avg Days on Market
- 455
Frequently Asked Questions
- How do I schedule a tour of 1501 NE 12th Street, Fort Lauderdale, FL 33304?
- Use the Tour button on this listing to request a showing of 1501 NE 12th Street, Fort Lauderdale, FL 33304. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1501 NE 12th Street, Fort Lauderdale, FL 33304 still available?
- 1501 NE 12th Street, Fort Lauderdale, FL 33304 is currently listed as Sold, and has been on the market 70 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1501 NE 12th Street, Fort Lauderdale, FL 33304?
- With 20% down ($319,800) on the $1,599,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1501 NE 12th Street, Fort Lauderdale, FL 33304 is about $8,403/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1501 NE 12th Street, Fort Lauderdale, FL 33304?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1501 NE 12th Street, Fort Lauderdale, FL 33304. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 1501 NE 12th Street, Fort Lauderdale, FL 33304?
- Often, yes. The right offer on 1501 NE 12th Street, Fort Lauderdale, FL 33304 depends on how it's priced against comparable multi-family sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Blue Realty Team, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$1,050,000
Own a home nearby?
This sale is now a comparable for every home around it. Get a free estimate of what yours would sell for today.
Listed by Steven B Boyette, Blue Realty Team, LLC
Map & Location
Featured Communities
Cities in Broward County
Zip Codes in Broward County
Property Types
Recent Sales
Recently sold homes in Progresso 2-18 D
These are the last 6 recorded closings in Progresso 2-18 D, with the price each home actually sold for rather than what it was listed at. They closed at a median of $430 per square foot. The most recent closed on August 24, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$220,000
Sold · August 24, 2026
Xxxx NW 11th Street
0 bed · 0 bath
$14,000 under the asking price
Sold$1,900,000
Sold · August 19, 2026
615 & 617 NE 9th Avenue
0 bed · 0 bath · 4,655 sqft · $408/sqft
$335,000 under the asking price
Sold$320,000
Sold · July 13, 2026
1500 NW 2nd Avenue
0 bed · 0 bath · 744 sqft · $430/sqft
$205,000 under the asking price
Sold$885,000
Sold · June 11, 2026
1145 NE 18th Avenue
0 bed · 0 bath · 1,809 sqft · $489/sqft
$64,000 under the asking price
Sold$430,000
Sold · May 14, 2026
1219 NE 5th Terrace
0 bed · 0 bath · 1,000 sqft · $430/sqft
$69,000 under the asking price
Sold$1,475,000
Sold · May 7, 2026
804 N Victoria Park Road
0 bed · 0 bath · 3,464 sqft · $426/sqft
$25,000 under the asking price
See every recorded sale in Progresso 2-18 D or find out what your Progresso 2-18 D home is worth.
