2821 NW 12th Court, Fort Lauderdale, FL 33311

$425,000
1,334
SqFt

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Sold Price
$425,000
List Price
$450,000
Days on Market
88
Closing Date
Apr 13, 2026
MLS#
A11942688
Sq. Ft
1,334
Subtype
Duplex
County
Broward
Subdivision
Washington Park Fourth Ad
Year Built
1975

Property Description

Excellent opportunity to acquire an income-producing duplex in the Roosevelt Gardens Community of Fort Lauderdale. Both units are currently rented, generating $3,650 in gross monthly income, providing immediate cash flow from day one. The property sits on a residential street within a developing neighborhood, making it a strong long-term investment. Conveniently located near restaurants, schools, shopping, public transportation, and is within walking distance to Roosevelt Gardens Park. Easy access to I-95 and Sunrise Blvd allows for quick travel throughout Fort Lauderdale and surrounding areas, further enhancing tenant appeal. Ideal for both first-time and seasoned investors looking for a stable, low-maintenance multifamily investment with consistent income and long-term growth potential. Annual Gross Income = $43,800 | Annual Operating Expenses = $13,555 | Net Operating Income = $30,245Cap Rate = 6.72%

Additional Information

Construction
Brick, Block
Cooling
Central Air
Flooring
Concrete, Laminate, Tile, Vinyl
Heating
Central
Roof
Flat, Other, Shingle, Tile
Taxes
$6,279
Utilities
Cable Available
Waterfront
None
Stories
1
Price Per Sqft
$318
Elementary School
Dillard
Middle School
Dillard 6-12
High School
Dillard 6-12

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Calculator source: Real Geeks

Listing courtesy of Compass Florida, LLC. Contact:

Selling Office: Macken Realty Inc.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Eli Faitelson | Email: eli@thechadcarrollgroup.com