Multifamily For Sale
3932 Sw 12th Pl, Fort Lauderdale, FL 33312

$1,650,000
With Contract For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11846232
  • Virtual Tour: YES
  • List Price: $1,650,000
  • Taxes:$24,250
  • Year Built:1956
  • Listing Date:July 23, 2025
  • Days On Market:8
  • Total Units:8

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.

Features


  • Floor:Other, Tile
  • Exterior Feature:SecurityHighImpactDoors

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker