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3932 SW 12th Pl, Fort Lauderdale FL 33312

Multi-family Active With Contract
$1,545,000

BTC: 24.14062500

ETH: 884.87972509

-$50K (2026/01/27)
176 days
0 room(s)
6,012 sqft

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 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.

Location

Florida • Fort Lauderdale • 33312 • Multi-family • Active With Contract

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
No Data
Heating:
Other
Price/sqft:
$257
Cooling:
Other / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,800,000
$869K – $2.4M
Confidence Low
List vs. estimate
$255K below estimate
List $1,545,000 · -14.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$256
-35.6% vs. city median $399
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$24,250
2024
Parking
10 spaces
All facts and features

  • Flooring

    • Other

    • Tile

    Heating

    • Other

    Cooling

    • Other

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 504218010690

    • Zoning: RMM-25

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $24,250

  • Source details

    • MLS ID: A11927594

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Complete Impact Glass

    • Architectural Style: Detached

    • Living Area: 6012

    • Subdivision Name: BRYSA PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33312
185
median $675K
Active
Same city
Fort Lauderdale
1,041
median $675K
Active
Same type
Multi-family
79
median $985K
Active
Similar price
$1.1M – $2.0M
177
median $1.4M
Active

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