Current Use by Public Records
- Specialty properties
Property Details for 3932 12Th Pl
- Year built
- 1955
- Property type
- Specialty properties
Description
This exceptional 8-unit apartment building presents a compelling investment opportunity in the heart of Fort Lauderdale, Florida. Located at 3932 SW 12th Place, 33312, this property boasts a prime location, offering immediate cash flow and significant upside potential. Built in 1955, the building comprises eight one-bedroom, one-bathroom units, each equipped with impact windows and central air conditioning. The property's strong rental income is further enhanced by its proximity to a city-owned vacant lot at the corner of 441/Davie Boulevard, suggesting potential for future development or expansion. The asking price is $1,750,000. While the lot size is not specified, the strategic location and the building's solid rental history make this a rare find in the competitive Fort Lauderdale market. This renovated property offers a blend of immediate returns and long-term growth prospects, making it an ideal addition to any investment portfolio. The property's eight units provide a stable income stream, while the surrounding area's development potential presents exciting possibilities for future value appreciation. This is a truly unique opportunity to acquire a well-maintained, income-producing asset in a highly desirable location. Don't miss this chance to secure your financial future in one of Florida's most vibrant cities.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.2006
- Latitude
- 26.105
