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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 7.43% 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.
Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Broward County Public Schools's official locator to confirm.
10 closed sales · 1-mile radius · last 12 months · Fort Lauderdale
Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.
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