3932 SW 12th Pl
$1,650,000
3932 SW 12th Pl, Fort Lauderdale, FL 33312
4,152 sqft
Building Size
8
Units
Details:
Highlights:
- Documents Available: Other Available Information, Rent Rolls
- Cooling: Other
- Heating: Other
- Flooring: Other, Tile
- Construction Materials: Concrete Block Construction, CBS Construction
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
Gallery
