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MLS # :A11846232 |
Price :$1,595,000 |
Status :
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Listing Date :Jul 23, 2025 |
Square Footage :Not Available |
County :Broward County |
Square Footage :Not Available |
Year Built :1956 |
Taxes :$24,250 Per Year |
Waterfront :No |
Virtual Tour :
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Remarks :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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Call: 305-998-9922
Sunny Realty
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