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50 SE 12th St
Fort Lauderdale, FL 33316 Poinciana Park

Price Upon Request

Apartments For Sale • 10,173 SF

Property Details

Property Type Apartments
Total Building Size 10,173 SF
Lot Size 0.49 AC
Building Class C
Year Built 1973
Zoning SRAC-SAE

42 Transit Score

83 Walk Score

                
                    Highlights
                
                                Rustic Manor Apartments offers an irreplaceable turnkey multifamily investment with the ability to run as either a short-term or a tradition rental.
                            
                                This rare opportunity features (23) 1 bed x 1 bath and (1) 2 bed x 1 bath units, and all units are fully furnished for guest convenience. 
                            
                                The current management runs the apartments as short-term rentals and is open to staying on with new ownership.  
                            
                                Major development projects are under construction and proposed in the surrounding area, providing strength to local businesses. 
                            
                                Perfectly situated a few blocks west of US-1, the apartments sit within walking distance of Downtown Ft. Lauderdale.
                            
                                Property residents have easy access to US-1, Davie Blvd, Las Olas Blvd, Broward Blvd and US Federal Hwy 1, as well as I-95 and the Florida Turnpike.

Financial Summary (Proforma)

Net Operating Income: $322,411 USD (2025)

Amenities

24 Hour Access
Air Conditioning
Laundry Facilities
Pool
Tile Floors
Kitchen
Refrigerator
Oven
Tub/Shower
Family Room
Linen Closet
Patio
Public Transportation

Public Transportation

Commuter Rail	Drive	Walk	Distance
	4 min	-	1.5 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	10 min	-	3.7 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	13 min	-	5.0 mi
Miami International	50 min	-	31.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	32
Type:	Surface
Included in Rent:	Yes

50 SE 12th St OFF MARKET Fort Lauderdale, FL 33316 Poinciana Park OFF MARKET