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3932 SW 12th Place, Fort Lauderdale, FL 33312 (MLS# A11846232)

3932 SW 12th Place, Fort Lauderdale, FL 33312

$1,545,000
Property Type: Commercial Sale Square Footage: 4,152 Status: Pending
Current Price: $1,545,000 List Date: 7/24/2025 Last Modified: 6/12/2026

Overview

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.

Listing Details MLS# A11846232

General Property Information

Property Sub Type
Multi Family
Number Of Units Total
Yes
Occupant Type
Tenant
Building Area Main
4152
Year Built
1956
Parking Total
10
Lot Size Area
10631
Lot Size Acres
0.24

Property Features

Documents Available: Other Available Information; Rent Rolls Flooring: Tile; Other Heating: Other Possession: Negotiable Construction Materials: Block; CBS Cooling: Other Listing Terms: Cash; Conventional; Owner Will Carry Roof: Tar/Gravel Showing Requirements: Call Listing Agent Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
1650000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
3932
Street Direction Prefix
SW
Street Name
12th
Street Suffix
Place
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33312
Area
3570
Geographic Area
FTSW - Ft Lauderdale SW (3470-3500;3570-3590)
Parcel Number
504218010690
Multiple Offers Accepted
Yes
Zoning
RMM-25

Financial Information

Tax Annual Amount
24250
Tax Legal Description
BRYSA PARK 8-45 B LOT 8,9 BLK 7

Status Change Information

Major Change Timestamp
2026-06-02T22:16:24Z
Major Change Type
Status Change
Price Change Timestamp
2026-01-27T04:09:46Z
Status Change Date
2026-06-02
Under Contract Date
2026-06-02

More Information

Description of Unit Type 1

Unit Type
1 Bedroom
Units Total
8
Annual Rent
1750

Section Details

Parcel Number MLX
0690

Originating Details

Originating System Key
418353312
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Tile
Yes
Other
Yes

Documents Available

Other Available Information
Yes
Rent Rolls
Yes

Possession

Negotiable
Yes

Heating

Other
Yes

Construction Materials

Block
Yes
CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner Will Carry
Yes

Roof

Tar/Gravel
Yes

Cooling

Other
Yes

Showing Requirements

Call Listing Agent
Yes

Contingencies

None
Yes

Documents

Listing Office: Fausto Commercial Realty Consultants Inc
IDX
Last Updated: June - 12 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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