312 SW 12th Avenue, Fort Lauderdale, FL 33312 — MLS photo

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312 SW 12th Avenue, Fort Lauderdale, FL 33312

Active · SingleFamilyResidence

$889,000

312 SW 12th Avenue, Fort Lauderdale, FL 33312

Beds
5
Baths
3
Living area
1,611 sq ft
$ / sq ft
$552/sq ft
Year built
1949
Lot size
6,750 sq ft
HOA fee
—
Annual tax
$12,997

About this property

Exceptional Sailboat Bend house & cottage offering the privacy and feel of two fully separate homes near Las Olas, Downtown, Riverwalk and Brightline. The front residence features 3 bedrooms, 2 bathrooms, an inviting layout and a spacious fenced patio designed for entertaining and relaxed South Florida living. Privately positioned in the rear, the fully renovated 2-bedroom, 1-bath cottage includes its own private entrance, dedicated laundry room, expansive fenced yard and a true standalone-home experience rarely found in traditional house-and-cottage properties. With private parking and distinct outdoor spaces for each residence, the property offers remarkable flexibility for guests, extended living arrangements, owner occupancy or income-producing use. This configuration creates possibilities far beyond a conventional duplex. An owner can occupy one residence while using the other for visitors, extended living arrangements, a private workspace, seasonal accommodations or potential rental income, subject to regulations and approvals. Investors gain two distinct living environments without sacrificing the privacy that often disappears in traditional multifamily layouts. Because access, parking and outdoor areas are independently arranged, daily life in either residence can feel separate. The property's outdoor spaces further distinguish the experience. The front patio creates a welcoming setting for morning coffee, open-air dining and gatherings, while the large rear yard provides room to relax, garden, play or enjoy time with pets. Fencing around both areas adds definition and allows each household to use its exterior space independently. This combination of private interiors and dedicated outdoor areas gives the property the character of a residential compound rather than a standard two-unit arrangement. The location adds another layer of convenience. Historic Sailboat Bend is known for its tree-lined streets, eclectic architecture and established neighborhood atmosphere, all remarkably close to Fort Lauderdale's urban core. The Broward Center for the Performing Arts, restaurants, coffee shops, nightlife and everyday conveniences are nearby, with major roadways and Fort Lauderdale Beach within easy reach. Whether heading to a show, dining along Las Olas, walking the Riverwalk or catching a Brightline train, residents can enjoy quick access to many of the city's most popular destinations. This is a compelling option for buyers who want a primary home with a genuinely separate guest residence, those seeking space for a hybrid work-and-live arrangement, or investors looking for adaptable residential income potential. It also allows future owners to change how the property functions as their needs evolve—without compromising privacy between the two residences. Few properties combine this degree of separation, outdoor space, central location and versatility while retaining the warmth and character of a neighborhood setting. The result is a rare Sailboat Bend opportunity offering the freedom to live in one residence, use both, or enjoy the entire property as one private urban retreat.

Property location

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312 SW 12th Avenue, Fort Lauderdale, FL 33312

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Facts & features

Interior

Bedrooms
5
Bathrooms
3
Living area
1,611 sq ft
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central
Interior features
Bedroom On Main Level, Breakfast Area, Dining Area, Separate Formal Dining Room, Living Dining Room, Main Level Primary, Main Living Area Entry Level, Other, Tub Shower
Furnished
Furnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1949
Stories
1
Lot size
6,750 sq ft
Architectural style
One Story
Roof
Flat, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Courtyard, Fence, Lighting, Other, Patio, Room For Pool
Pool
None
View
Garden

Parking

Covered spaces
0
Parking features
Driveway, Open, Two Or More Spaces

HOA, Community & Financials

Security
Fenced
Pets allowed
No
Annual tax
$12,997
Subdivision
Sailboat Bend
County
Broward
Days on market
134
MLS listing ID
B26033055
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,005

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-4.8%
Gross yield
7.2%
Mortgage payment
$4,214/mo
Down payment
$222,250
Loan amount
$666,750
Annual NOI
$38,506

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.