Fort Lauderdale, FL 33312
Property Type
Multi Family
Central AC
No
Year Built
1956
Listing courtesy of Arun Mohan of Fausto Commercial Realty Consultants Inc.
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.
0.24 Acres
Fort Lauderdale
A11846232
Fort Lauderdale
Multi Family
1956
Block
8
1
One
1956
RMM-25
Fort Lauderdale
florida
Yes - Other
Other, Tile
Yes - Other
Total$8,099.00/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Fort Lauderdale, Florida, is a dynamic coastal city known for its miles of waterways, sandy beaches, and lively cultural scene. Its downtown features a growing arts district, museums, galleries…
Information is deemed reliable but is not guaranteed and should be independently verified.