79 SW 12th St 1203S, Miami, FL 33130 — MLS photo

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79 SW 12th St 1203S, Miami, FL 33130

Active · Condominium

$499,000

79 SW 12th St 1203S, Miami, FL 33130

Beds
2
Baths
2
Living area
1,013 sq ft
$ / sq ft
$493/sq ft
Year built
2008
Lot size
—
HOA fee
$1,187 Monthly
Annual tax
$7,761

About this property

REDUCED FOR FAST SALE!-RENTED UNTIL 9/30/2027 @ 3,375, BUYER HAS TO RESPECT CURRENT LEASE.Fantastic opportunity to own in one of Brickell’s most connected buildings, Axis on Brickell. This unit offers a functional floor plan with zero wasted space, featuring neutral carpet in living areas, tile in wet areas, and a modern kitchen with granite counters and stainless steel appliances. The floor-to-ceiling glass sliding doors flood the space with natural light and open to a large balcony with urban city views. Building amenities are among the best in the area: 2 pools, gym, BBQ grills, kids' playroom, business center, and 24-hour security. The location commands high rental demand due to its proximity to the Financial District and direct access to the Metrorail/Metromover for easy access to Downtown, the Airport, and Dadeland. Special assessment of $302 per month until May 2028 for elevator modernization. Tenant occupied, rented until September 30, 2027.

Property location

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79 SW 12th St 1203S, Miami, FL 33130

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,013 sq ft
Flooring
Carpet
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Dual Sinks, Living Dining Room, Main Living Area Entry Level, Split Bedrooms, Separate Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2008
Stories
40
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Pool
Association
View
Other, Skyline

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$1,187 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pools, Sewer, Security, Trash, Water
Amenities
Billiard Room, Bike Storage, Cabana, Clubhouse, Community Kitchen, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Trash, Elevators
Security
Secured Garage Parking, Lobby Secured, Security Guard, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$7,761
Subdivision
AXIS ON BRICKELL
County
Miami-Dade
Days on market
315
MLS listing ID
A11928776
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

-$1,614

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-13.9%
Gross yield
7.7%
Mortgage payment
$2,366/mo
Down payment
$124,750
Loan amount
$374,250
Annual NOI
$9,019

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