3932 SW 12Th Pl Fort Lauderdale, FL 33312
Renovated 8-unit property near Downtown Fort Lauderdale with strong income.
Lot size:
0.24 AcresProperty Features for 3932 SW 12Th Pl
General Information
- Lot size
- 0.24 Acres
Building Details
- Year built
- 1956
Source:
Elliman
Listing 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
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.