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    3932 SW 12Th Pl Fort Lauderdale, FL 33312

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    For Sale
    $1,595,000

    Renovated 8-unit property near Downtown Fort Lauderdale with strong income.

    Lot size:
    0.24 Acres

    Property Features for 3932 SW 12Th Pl

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1956

    Source: Fausto Commercial Realty Consultants Inc Agent Elior Levi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Property in Fort Lauderdale

    This renovated multifamily property, located at 3932 SW 12th Pl in Fort Lauderdale, features eight 1-bedroom units. Each unit has been updated with modern finishes and includes impact-resistant doors and windows, as well as new electric meters. The building spans approximately 4,152 sq ft on a 10,631 sq ft lot. The property is currently generating a net operating income of $114,800, reflecting a 7.2% cap rate, with potential to exceed 7.5% through modest rent increases. The property is located minutes from Downtown Fort Lauderdale, Las Olas, the airport, beaches, and entertainment spots, offering rental income and long-term upside.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.2007257
    Latitude
    26.1050109

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    FAQs

    What type of property is this?
    Apartment building - Renovated 8-unit property near Downtown Fort Lauderdale with strong income.
    Where is this apartment building located?
    The property is located at 3932 SW 12Th Pl Fort Lauderdale, FL.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - High Cash Flow: Generates a net operating income of $114,800 with a 7.2% cap rate.; - Prime Location: Minutes from Downtown Fort Lauderdale, Las Olas, the airport, beaches, and entertainment.; - Renovated Units: Features eight updated 1-bedroom units with modern finishes.
    (954) 743-7594
    Request Owner's contact information
    3932 SW 12Th Pl Fort Lauderdale, FL 33312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3932 SW 12Th Pl Fort Lauderdale, FL 33312
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