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 sqft lot, offering solid income and strong tenant appeal. The property is currently generating a net operating income of $114,800, reflecting a 7.2% 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.

Address

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Address: 12th Pl
City: Fort Lauderdale
State/county: Broward County
Zip/Postal Code: 33312
Area: BRYSA PARK

Details

Updated on December 9, 2025 at 12:00 pm

Property ID A11927594
Price $1,595,000
Property Size 6012 Square Feet
Year Built 1956
Type Quadruplex
Property Status Residential Income

Additional details

ArchitecturalStyle Detached
BuildingAreaTotal 6012
BuildingAreaUnits Square Feet
BuildingName BRYSA PARK
ConstructionMaterials Concrete Block Construction, CBS Construction
ContractStatusChangeDate 2025-12-08
Cooling Other, Wall/Window Unit(s)
DaysOnMarket 1
DocumentsAvailable Other Available Information, Rent Rolls
ExpirationDate 2026-02-28
Flooring Other, Tile
Heating Other
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 931-319-7072
ListingTerms All Cash, Conventional
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MLSAreaMajor Brysa Park
MajorChangeTimestamp December 9, 2025 at 04:15am
MajorChangeType New
MlsStatus Active
ModificationTimestamp December 9, 2025 at 09:00am
NetOperatingIncome 119940
NumberOfUnitsInCommunity 4
OnMarketDate 2025-12-08
OperatingExpense 48060
OriginalEntryTimestamp December 9, 2025 at 04:15am
OriginalListPrice 1595000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 504218010690
ParkingTotal 10
PhotosChangeTimestamp December 9, 2025 at 04:17am
PhotosCount 22
Possession Funding
PostalCodePlus4 3470
PriceChangeTimestamp December 9, 2025 at 03:44am
PublicSurveyRange 50
PublicSurveySection 18
PublicSurveyTownship 50
RentIncludes Other Rent Incl
Roof Tar & Gravel Roof
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 424103102
StateOrProvince FL
StatusChangeTimestamp December 9, 2025 at 04:15am
Stories 1
StoriesTotal 1
StreetDirPrefix SW
StreetName 12th Pl
StreetNumber 3932
StreetNumberNumeric 3932
StructureType Quadruplex, Fourplex
SyndicationRemarks 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 7.2% 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.
TaxAnnualAmount 24250
TaxLegalDescription BRYSA PARK 8-45 B LOT 8, 9 BLK 7
TaxYear 2024
TotalActualRent 168000
WindowFeatures Complete Impact Glass
YearBuiltDetails Effective Year Built
Zoning RMM-25