About 3932 Sw 12th Pl
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.
Features of 3932 Sw 12th Pl
| MLS® # | A11846232 |
|---|---|
| USD | $1,545,000 |
| CAD | $2,132,285 |
| CNY | 元10,371,431 |
| EUR | €1,329,018 |
| GBP | £1,141,675 |
| RUB | ₽133,912,875 |
| Bathrooms | 0.00 |
| Year Built | 1956 |
| Type | Business |
| Sub-Type | Multi Family |
| Status | Pending |
Community Information
| Address | 3932 Sw 12th Pl |
|---|---|
| Area | 3331 |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33312 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Other, Tile |
|---|---|
| Heating | Other |
| Cooling | Other |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Security/High Impact Doors |
|---|---|
| Windows | Impact Glass |
| Roof | Tar/Gravel |
| Construction | Block |