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About This Property
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 sqft lot, offering solid income and strong tenant appeal. The property is currently generating a net operating income of $114,800, reflecting a 7.43% cap rate, with easy potential to exceed 7.5% through modest rent increases or operational improvements. Located just minutes from Downtown Fort Lauderdale, Las Olas, the airport, beaches, major highways, and top entertainment spots, this turn-key property offers strong rental income and long-term upside in one of South Florida’s hottest rental markets.
Property Features
County
Broward County
Section
18
Area
6012
Subdivision
BRYSA PARK
Interior
Cooling
Other, Wall/Window Unit(s)
Bedrooms
Floors
Other, Tile
Full Baths
Appliances
Heating
Other
Style
Detached
Garage Spaces
Construction/Exterior
Concrete Block Construction, CBS Construction
Patio / Deck Description
Exterior
Has a Pool
Possession
Funding
Lot Size in Acres
Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Tar & Gravel Roof
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Quadruplex
Tax Year
2024
Year Built
1956
Tax Amount
$24250
APN
NA
Square Feet Source
NA
Map
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