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3932 SW 12th Pl
Fort Lauderdale, FL 33312 Lauderdale Southwest

$1,545,000 USD

Apartments For Sale  •  4,152 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,152 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1955
  • Cap Rate 7.43 %
  • Zoning RMM-25
39 Transit Score
81 Walk Score

Highlights

Prime cash-flowing investment opportunity with 7%+ cap rate
8 renovated one-bedroom units
The property has been updated with impact doors/windows and electric
Located minutes from Downtown Fort Lauderdale and the beach!
Currently generating net operating income of $114,800

Property Flyers

Financial Summary (Actual)

Net Operating Income: $114,800 USD (2024)
Cap Rate: 7.43 %
Total Expenses: $43,600 USD

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 8 min - 3.4 mi
10 min - 4.7 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 14 min - 6.9 mi
Miami International 47 min - 30.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Arun Mohan 931-319-7072 Fausto Commercial Realty Consultants
Arun Mohan 931-319-7072 Fausto Commercial Realty Consultants