Active · Quadruplex
$1,650,000
842 SW 12th Ave, Miami, FL 33130
- Beds
- —
- Baths
- 0
- Living area
- 3,051 sq ft
- $ / sq ft
- $541/sq ft
- Year built
- 1935
- Lot size
- —
- HOA fee
- —
- Annual tax
- $9,360
About this property
Seller will not accept financing. Cash offers Zoned T4-R Located a few steps from the famous 8th Street (SW 8 Street). This exceptional multi-family property offers a rare opportunity to own a piece of Miami from its current 7 units to another 6-9 units, making it an ideal investment for developers, visionaries or anyone looking for stable rental income in one of the fastest growing areas of Miami with access to all types of transformation, very close to the medical areas of Miami, Downtown, Brickell, Key Biscayne, Coconut Grove, Coral Gables, Design District, Miami Beach... Ideal location. Please DO NOT DISTURB THE OCCUPANTS. Showing by appointment only. Please send an email.
Interior & exterior features
Cooling
- Other
Heating
- Electric
Pool
- None
Flooring
- Laminate
- Other
roof
- Shingle
- Wood
construction
- Other
- Shingle Siding
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
-$538
- Cap rate
- 5.3%
- Net yield
- 5.3%
- Cash-on-cash return
- -1.4%
- Gross yield
- 7.3%
- Mortgage payment
- $7,822/mo
- Down payment
- $412,500
- Loan amount
- $1,237,500
- Annual NOI
- $87,403
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.