3932 SW 12th Pl, Fort Lauderdale FL 33312

$1,545,000

Overview

Quadruplex
Property Type

6012 Square Feet
Area Size

Square Feet
Land Area

1956
Year Built

Fausto Commercial Realty Consultants Inc
Listing Office

Arun Mohan
Listing Agent

A11927594
Property ID

360° Virtual Tour

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.

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