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3932 SW 12th Pl, Fort Lauderdale FL 33312

Commercial Active With Contract
$1,545,000

BTC: 24.14062500

ETH: 884.87972509

-$105K (2026/01/27)
289 days
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1956
Lot:
10631 Square Feet
Heating:
Other
Price/sqft:
No Data
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,275,000
$931K – $4.0M
Confidence Low
List vs. estimate
$270K above estimate
List $1,545,000 · +21.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
15 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$24,250
Parking
10 spaces
All facts and features
  • Flooring

    • Other

    • Tile

    Heating

    • Other

    Cooling

    • Other

  • Lot

    • Lot: 10631 Square Feet

    Other Property Information

    • Parcel Number: 504218010690

    • Zoning: RMM-25

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $24,250

  • Source details

    • MLS ID: A11846232

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Window Features: Complete Impact Glass

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc