3932 SW 12th Pl, Fort Lauderdale FL 33312

$1,545,000

$257/sq ft

$50,000
Price Decreased

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Overview

Year Built

1956

Sqft

6012

Property Type

Quadruplex

Property 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 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 Details

MLS#

A11927594

Total Floor in Bldg

1

Building

BRYSA PARK

Address

3932 12th Pl SW

City

Fort Lauderdale

State/county

FL

Zip/Postal Code

33312

Area

Brysa Park

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$24,250

Maint Fee

$--

Tax Year

2024

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Boris Gelfand