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12040 SW 215th St, Miami, FL, 33177
Single-Story Duplex Investment

12040 SW 215th St Miami, FL 33177

For Sale
$839,000

MULTI_FAMILY - Miami, FL

Property Size2,400 SF
Price / SF$349.58
Days on Market271

Property Features for 12040 SW 215th St

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Rooms
Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 6
Parking
8
Standard status
Active
APN
30-69-12-008-1295
Size
2,400 SF

Taxes and HOA fees

Tax Year
2024
Tax Description
12-13 56 39 .27 AC DIXIE PINES PB 31-51 W100FT OF E305FT OF N1/2 TR 12 LOT SIZE 100.000 X 107 OR 11839-788 0783 1 COC 21699-1971 09 2003 1
Tax Annual Amount
10858

Utilities

Utilities
Cable Available
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air

Building Details

Year built
2006
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency: Miami New Realty
Listed By: Kristina Rivera · License #3020924
Added: Oct 30, 2025 Changed: Jul 25 Last Checked: Jul 27 at 12:06AM
MLS# A11904247

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This single-story duplex contains two separate units in a 2-unit configuration. Each side offers a consistent layout with three bedrooms and two bathrooms, providing a straightforward, repeatable floor plan across the property. The building is presented as residential income property, with a total reported size of 2,400 square feet.

The property is located at 12040 SW 215th St in Miami, Florida 33177, within Miami-Dade County. The listing describes the asset as a duplex in a convenient area; however, no specific nearby anchors, frontage details, or transportation access information is provided in the available materials.

For investors or owner-operators seeking a small multifamily asset, the appeal here is the unit symmetry: each side includes the same bedroom and bathroom counts, which can simplify leasing and maintenance planning. Because the information provided is limited to basic configuration and size, buyers should conduct due diligence on lease status, condition, and any additional operating details relevant to performance and financing.

Key Highlights

  • Single‑story 2‑unit duplex with 6 bedrooms and 4 bathrooms total
  • Each unit offers 3 bedrooms and 2 bathrooms
  • Built in 2006

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $60.5k $25.20
− Vacancy −$3.3k −$1.39
EGI $57.2k $23.81
− OpEx −$17.1k −$7.14
NOI $40.0k $16.67
2,400 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$571.5K
$500.1K – $666.8K (±1% cap)
NOI $40,008 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$527.3K
$461.4K – $615.2K (±1% cap)
NOI $36,910 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,233 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Furniture & Home Goods (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with matching 3-bed, 2-bath layouts, offering straightforward income property configuration for investors.
Where is this duplex located?
The property is located at 12040 SW 215th St Miami, FL.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Single‑story 2‑unit duplex with 6 bedrooms and 4 bathrooms total; Each unit offers 3 bedrooms and 2 bathrooms; Built in 2006
More about this property
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