Discover a prime cash-flowing investment at 3932 SW 12th Pl, Fort Lauderdale, presented by Fausto Commercial. This renovated 8-unit property features eight 1-bedroom units, each nicely updated with modern finishes and equipped with impact-resistant doors and windows, plus all-new electric meters. The building spans approximately 4,152 sq ft on a 10,631 sq ft lot, offering strong tenant appeal. The property is currently generating a net operating income of $114,800, reflecting a 7.43% cap rate, with easy potential to exceed 7.5% through modest rent increases. Located just minutes from Downtown Fort Lauderdale, Las Olas, the airport, beaches, and top entertainment spots, this property offers strong rental income and long-term upside in one of South Florida’s hottest rental markets.
- Heating System
- Cooling System
- Parking
- Roof:
- Tar/gravel
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33312
- Street:
- 3932 Sw 12th Pl, Fort Lauderdale, Florida 33312
- Longitude:
- W81° 47' 59.4''
- Latitude:
- N26° 6' 18.5''
- Building Area:
- 4,152 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 442
- DOM:
- 177
- Exterior Features
- Flooring:
- Tile, Other
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash,Conventional,Owner May Carry
- Parcel Number:
- 504218010690
- Structure Type:
- Apartment
- Tax Annual Amount:
- $24,250
- Virtual Tour:
- Click Here
- Window Features:
- Impact Glass
Commercial Sale For Sale
3932 Sw 12th Pl, Fort Lauderdale, Florida 33312, Fort Lauderdale, Florida 33312
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,545,000
- Year Built :
- 1956
- Lot Area :
- 10,631 Sqft
- MLS # :
- A11846232
- Property Sub Type :
- Multi Family
