Multifamily in 3932 SW 12th Pl Fort Lauderdale for sale with MLS# A11846232
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.
3932 SW 12th Pl, Fort Lauderdale, FL 33312
- Price:
- $1,545,000.00
- Previous Asking Price:
- $1,595,000.00
- Original List Price:
- $1,650,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Contingency:
- No Contingencies
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11846232
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- January 26, 2026 10:09 pm
- Built-Up Area:
- 4,152 Sqft
- Lot Area:
- 10,631 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Exterior:
- Security High Impact Doors
- Windows:
- Impact Glass, Impact glass
- Air Conditioning System:
- Other
- Heating System:
- Other
- Storm Protection:
- Complete Impact Glass, Impact-Resistant Doors
- Year Built:
- 1956
- Roof:
- Tar/gravel
- Number of Units Total:
- 8
- Levels:
- One
- Construction Materials:
- Block
- Flooring:
- Tile, Other
- Structure Type:
- Apartment
- Stories:
- 1
- Tax Annual Amount:
- $24,250.00
- Parking Total Spaces:
- 10
- Covered Spaces:
- 0
- Senior Community:
- No
- Documents Available:
- Other, Rent Rolls
- Listing Terms Considered by Seller:
- Cash, Conventional, Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
- Occupant Type:
- Tenant
- Buyer Possession:
- Closing And Funding
- Lease Considered:
- No
- Tax Legal Description:
- BRYSA PARK 8-45 B LOT 8,9 BLK 7
- Real Estate Folio Number (Parcel Number):
- 504218010690
- Zoning Description:
- RMM-25
- Originally published on:
- July 23, 2025 10:23 pm
- Active on the market since:
- July 23, 2025
- Price change occurred on:
- January 26, 2026 10:09 pm
- Listing Status Last Changed On:
- December 8, 2025 10:21 pm
- Photos updated on:
- July 24, 2025 2:35 am
- Last Modified:
- February 2, 2026 4:15 am
- Courtesy of:
- Fausto Commercial Realty Consultants Inc
- Attribution:
- Not provided
- Street Name:
- 12th Pl
- Street Number:
- 3932
- City:
- Fort Lauderdale
- State:
- Florida
- Zip Code:
- 33312
- County:
- Broward
- Latitude:
- N26° 6' 18''
- Longitude:
- W81° 47' 57.4''
- Street Direction Prefix:
- SW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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