421 NW 12th St, Florida City, FL 33034 — MLS photo

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421 NW 12th St, Florida City, FL 33034

Active · MultiFamily

$2,850,000

421 NW 12th St, Florida City, FL 33034

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1959
Lot size
7,800 sq ft
HOA fee
—
Annual tax
—

About this property

441 NW 12 ST & 421 NW 12 ST SOLD TOGETHER. (OWNER INTERESTED IN 1031 EXCHANGE).Roof sealed in 2023. 8 2/1 & 8 1/1. All new mini splits A/C units. 13 Fully Remodeled & 3 partly remodeled. Both buildings wired camera camera. Both properties fenced in. Both Buildings will be painted. New Tenants. New multi family buildings surrounding property. New town homes behind properties. BEST up and coming street in Florida City. RENT ROLL Building 421 all 2 bed 1 bath Unit 1 1600 Unit 2 1600 Unit 3 1500 Unit 4 1600 Unit 5 1600 Unit 6 1600 Unit 7 1600 Unit 8 1600 Building 421 all 1 bed 1 bath All have tenants waiting on appliances or minor finishes Unit 1 1450 Unit 2 1450 Unit 3 1350 Unit 4 1400 Unit 5 1400 Unit 6 1450 Unit 7 1450 Unit 8 1450

Property location

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421 NW 12th St, Florida City, FL 33034

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
MultiFamily
Year built
1959
Lot size
7,800 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11528411
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,578

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$13,510/mo
Down payment
$712,500
Loan amount
$2,137,500
Annual NOI
$95,190

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.