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.
Listed by Arun Mohan
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License #3623582
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Fausto Commercial Realty Consultants Inc
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931-319-7072
Listed by Elior Levi
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License #3574869
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Fausto Commercial Realty Consultants Inc
Last updated August 15, 2025
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Source: MIAMIRE #A11840577
Listing Facts
TypeMulti-family
NeighborhoodLauderdale West
Days on Prevu55
Taxes$24,250/year
Amenities
Pets Allowed
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
08/13/2025
Price Decreased
$1,595,000
08/05/2025
Status changed to Active
$1,650,000
07/27/2025
Status changed to In Contract
$1,650,000
07/15/2025
Listed by Fausto Commercial Realty Consultants Inc
Construction Materials: Concrete Block Construction, CBS Construction
Measurements
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Financial
Residential Income
Operating Expense: $43,600.00
Taxes
Parcel Number: 504218010690
Tax Annual Amount: $24,250.00
Tax Year: 2024
Interior
Features
Flooring: Other, Tile
Measurements
Living Area Units: Square Feet
Other
Location
Subdivision Name: Lauderdale West
Parking
Parking
Parking Total: 10
Utilities
Equipment
Cooling: Central Air, Other
Has Cooling: Yes
Heating: Central, Other
Has Heating: Yes
Sewer: Public Sewer
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.