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Paragon Real Estate Solutions, LLC
3932 Sw 12th Pl, Fort Lauderdale, FL 33312
- $1,500,000
- Sold Price
- $1,500,000
- List Price
- $1,545,000
- Closing Date
- Jun 25, 2026
- MLS#
- A11846232
- Status
- CLOSED
- Type
- Commercial
Property Description
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.
Additional Information
- Days on Market
- 314
- Tax Amount
- $24,250
- Parcel Number
- 504218010690
- Lot Size
- 10,631
- Address
- 3932 Sw 12th Pl, Fort Lauderdale
- Year Built
- 1956
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Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact:
Selling Office: LoKation.