3932 SW 12th Pl Pending Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33312
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,152 sqft
Price per Sqft $384
MLS Listing ID A11846232
HOA Y/N No
Year Built 1956
Annual Tax Amount $24,250
Contingent No Contingencies
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 7.2% 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.
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