Progresso 2-18 D

1717 NE 12th Street, Fort Lauderdale FL 33304

2,538 ft²

Closed

$950,000

Est. Payment $5,056/mo

MLS Sheet Video

2,538

Sq. Ft.

1962

Year Built

1

Stories

68

Days on Market

Description

Unique opportunity to own a LEGAL 6-UNIT building in the east Fort Lauderdale neighborhood of Lake Ridge! Five studios & one 1-bedroom. Building recently updated/renovated and new tenants have been brought in. New electrical panels, partial PVC, tile flooring, several water heaters, appliances & A/C units replaced, recessed lighting, W/D on site. Parking for 8+ cars. Each unit has only ONE occupant. All long-term tenants now, but this is a perfect AIRBNB opportunity for the future! Current CAP rate 6.1%. Room to grow! Less than 2 miles to Fort Lauderdale Beach!

Facts

MLS#
F10292369
Subdivision
Progresso 2-18 D
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
1962
Lot Size
0 sqft
Sq. Ft.
2,538 ft²
Sq. Mt.
236 m²
Price per sq. ft.
$374/ft²
Price per sq. mt.
$4,025/m²
Stories
1
Garage
Pool
Days on Market
68 days
Listed
Jul 9, 2021
Last Updated
Sep 9, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

45

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).

9/9/2026Sold$950,000
7/9/2021Listed for sale$950,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1717 NE 12th Street, Fort Lauderdale FL 33304Directions

Estimated Monthly Payment

$5,998/mo

Principal & Interest

$5,056

Property Tax

$792

Insurance

$150

HOA

$0

20% ($190,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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