1240 NE 12th Avenue # 5, Fort Lauderdale FL 33304
$774,900
Est. Payment $4,124/mo
1960
Year Built
1
Stories
55
Days on Market
Description
***TURNKEY 5 UNIT APARTMENT BUILDING IN TOP NOTCH LOCATION!*** Legal 5 unit apartment building in Lake Ridge neighborhood, just minutes from Flagler Village, FAT Village Arts District, Whole Foods, and the trendy 13th St corridor that has been seeing lots of revitalization. The property has undergone significant improvements over the past 2 years, and is fully leased and under professional management. An easy hands free investment. Consists of 4 x 1/1 apartments and a large 2/1 apartment with private garden. Over $6,100 in gross monthly income. Common coin-op laundry on site. Property is fully leased, kindly do not disturb tenants.
Facts
- MLS#
- F10245919
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Multi Family
- Year Built
- 1960
- Lot Size
- 6,751 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 55 days
- Listed
- Aug 26, 2020
- Last Updated
- Jun 9, 2026
- Price/Lot Sq.Ft.
- $115/ft²
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Market insights for Fort Lauderdale
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
23
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 6/9/2026 | Sold | $774,900 |
| 8/26/2020 | Listed for sale | $774,900 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Ruth K. Broad Bay Harbor K-8 CenterPK,KG,1,2,3,4,5,6,7,8 · public · 0.5 mi
- MAST@FIU
9,10,11,12 · public · 1.2 mi
- Beth Moshe Congregation
PK,KG · private · 1.3 mi
- Temple Beth Moshe Preschool
PK,TK,KG,1 · private · 1.3 mi
- Lanaar Elementary School
1,2 · private · 1.3 mi
- Mater Academy Miami Beach
KG,1,2,3,4,5,6,7,8 · charter · 1.5 mi
- St. Joseph's School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.5 mi
- David Lawrence Jr. K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 1.8 mi
- Amikids Miami-Dade North
6,7,8,9,10,11,12 · public · 1.8 mi
- Yeshiva Elementary
PK,KG,1,2,3,4,5,6,7,8 · private · 1.9 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$4,920/mo
Principal & Interest
$4,124
Property Tax
$646
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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