For sale
  • Price cut: $55K (8/13)
    $1,595,000

    3932 SW 12th Pl, Fort Lauderdale, FL 33312

    8beds
    8baths
    --sqft
    : 
    Quadruplex
    Built in 1956
    -- sqft lot
    $1,459,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    81 days
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    145
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    8
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