FL > Fort Lauderdale
Fort Lauderdale, FL 33312,3932 SW 12th Pl
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Fort Lauderdale, FL 33312,3932 SW 12th Pl
Fort Lauderdale, FL 33312,3932 SW 12th Pl
Fort Lauderdale, FL 33312,3932 SW 12th Pl
Fort Lauderdale, FL 33312,3932 SW 12th Pl
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Alex Miranda

Alex Miranda

+1(305) 712-6522
$ 1,650,000
Est. payment /mo
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3932 SW 12th Pl Fort Lauderdale, FL 33312

4,152 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,152 sqft

Price per Sqft $397

MLS Listing ID A11846232

HOA Y/N No

Year Built 1956

Annual Tax Amount $24,250

Lot Size 10,631 Sqft

Property Sub-Type Multi Family

Property Description

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 6.96% cap rate, with easy potential to exceed 7% 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.

Location

State FL

County Broward

Area 3331

Interior

Heating Other

Cooling Other

Flooring Other, Tile

Window Features Impact Glass

Exterior

Exterior Feature Security/High Impact Doors

Roof Type Tar/Gravel

Total Parking Spaces 10

Private Pool Yes

Building

Story 1

Level or Stories One

Structure Type Block

Others

Tax ID 504218010690

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11846232

Listed by Fausto Commercial Realty Consultants Inc
agent

Alex Miranda

Licensed Realtor | COMP3203583

+1(305) 712-6522

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