For Sale
$1,750,000

3932 12Th PlFort Lauderdale, FL 33312

High-Yield Investment Opportunity in Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 8-unit apartment building presents a compelling investment opportunity in the heart of Fort Lauderdale, Florida. Located at 3932 SW 12th Place, 33312, this property boasts a prime location, offering immediate cash flow and significant upside potential. Built in 1955, the building comprises eight one-bedroom, one-bathroom units, each equipped with impact windows and central air conditioning. The property's strong rental income is further enhanced by its proximity to a city-owned vacant lot at the corner of 441/Davie Boulevard, suggesting potential for future development or expansion. The asking price is $1,750,000. While the lot size is not specified, the strategic location and the building's solid rental history make this a rare find in the competitive Fort Lauderdale market. This renovated property offers a blend of immediate returns and long-term growth prospects, making it an ideal addition to any investment portfolio. The property's eight units provide a stable income stream, while the surrounding area's development potential presents exciting possibilities for future value appreciation. This is a truly unique opportunity to acquire a well-maintained, income-producing asset in a highly desirable location. Don't miss this chance to secure your financial future in one of Florida's most vibrant cities.

Highlights

  • Exceptional 8-unit apartment building in prime Fort Lauderdale location (3932 SW 12th Place, 33312).
  • Eight one-bedroom, one-bathroom units, each with impact windows and central AC.
  • Strong rental income with significant upside potential due to nearby vacant city lot.
  • Asking price: $1,750,000.
  • Renovated property offering immediate returns and long-term growth.

Property Details for 3932 12Th Pl

Property type
Specialty properties
Year Built
1955
Units
8

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1049965
Longitude
-80.200648
3932 12Th Pl, Fort Lauderdale, Florida

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3932 12Th Pl
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