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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

3932 SW 12TH PL, FORT LAUDERDALE, FL 33312

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Multi Family - Lauderdale West for Sale

3932 SW 12TH PL, FORT LAUDERDALE, FL 33312

Asking Price$1,595,000 Change Price$55,000

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  • Days on market:

    31 day(s)
  • Original Price:

    $1,650,000
  • Tax Legal Description:

    BRYSA PARK 8-45 B LOT 8,9 BLK 7
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Style:

    Fourplex
  • Construction Type:

    Cbs ConstructionConcrete Block Construction
  • Roof:

    Tar & Gravel Roof
  • Cooling Description:

    OtherCentral Air
  • Heating Description:

    OtherCentral
  • Floor Description:

    TileOther
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$1,595,000

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.

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