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3932 SW 12th PlFort Lauderdale, FL 33312

For Sale

$1,595,000

Smart Buyer Rebate $15,950

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
$1,650,000

Property Details for 3932 SW 12th Pl

Association

General

  • Number Of Units In Community: 1

Exterior

Construction

  • Roof: Tar & Gravel Roof
  • Stories: 1
  • Stories Total: 1
  • Structure Type: Quadruplex, Fourplex
  • Window Features: Complete Impact Glass, Impact Glass
  • Year Built: 1956
  • Year Built Details: Effective Year Built
  • Architectural Style: Detached
  • Building Name: Lauderdale West
  • 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.

Full MLS Disclaimers

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.