Discover a prime cash flowing investment at 3932 SW 12th Pl, Fort Lauderdale, presented by Fausto Commercial.


Property

Website:https://www.nestseekers.com/5168317
Address:
Fort Lauderdale, FL 33312
Ownership: For Sale
Type: Unknown

Financials

Price:$1,545,000
Annual Taxes:$24,250

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.

Amenities

  • CableAvailable
  • ImpactGlass
  • LessThanQuarterAcre
  • SecurityHighImpactDoors

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Fausto Commercial Realty Consultants Inc