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.
For sale
Price cut: $55K (8/13)
$1,595,000
3932 SW 12th Pl, Fort Lauderdale, FL 33312
8beds
8baths
--sqft
Est.:
Quadruplex
Built in 1956
-- sqft lot
$1,459,000 Zestimate®
$--/sqft
$-- HOA
What's special
- 81 days |
- 145 |
- 8 |
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