This Multifamily Property is no longer advertised on LoopNet.com.

3981 SW 12th Pl
Fort Lauderdale, FL 33312
3981-3971 SW 12th PL FORT LAUDERDALE,FL 33312 · Multifamily Property For Sale · 8 Units

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.25 AC
Building Size 5,000 SF
Average Occupancy 100%
No. Stories 1
Year Built 1959
Parking Ratio 2.4/1,000 SF
Zoning RMM-25

About 3981 SW 12TH PL , FORT LAUDERDALE, FL 33312

Rarely Available Property in Under serviced Central Fort Lauderdale. Strong Rental area on the Corner of 441 and Davie Blvd. Never, never, vacant. Real potential to raise NOI. Rents are currently below market with 1/1's renting for 825.00, while the market rent is $900+. The 2 bedrooms are scarce and highly desirable currently rented below market at $1100, while market rent for these units is $1250.00+. You will rarely see a Real Buying Opportunity like this apartment building. Seller is reluctant to sell this income producer!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $825.00 -
2+1 2 $1,100 -

Property Taxes

Property Taxes

Parcel Number
50-42-18-01-0371
Land Assessment
$40,430
Improvements Assessment
$524,740
Total Assessment
$565,170
  • Listing ID: 15411039

  • Date on Market: 3/11/2019

  • Last Updated:

  • Address: 3981 SW 12th Pl, Fort Lauderdale, FL 33312

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