Canal-Front Duplex
12085 W Dixie Highway Biscayne Park, FL 33161
For Sale
$1,250,000
Pending
MULTI_FAMILY - Biscayne Park, FL
Property Size3,848 SF
Days on Market12
Property Features for 12085 W Dixie Highway
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
9
Rooms
Bedroom 1, Bedroom 7, Bathroom 6, Bathroom 8, Bedroom 8, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 5, Bedroom 9, Bedroom 5, Bathroom 7, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3
Parking
8
Standard status
Pending
APN
17-22-30-031-1070
Size
3,848 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
BISCAYNE PARK ESTS BLKS 9 10 11 PB 5-107 PORT LOTS 2 & 3 DESC BEG 86.61FT SELY OF NE COR OF LOT 2 SELY74.30FT SWLY85FT BEING 15FTSWLY OF NEL
Tax Annual Amount
20925
Utilities
Sewer type
Public Sewer
Water front
1
Building Details
Year built
1984
Floors in Building
2
Flooring type
Tile
Building materials
Block
Roof type
Tile
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
John Salt · License #3270043
(786) 485-0888
Added: Jul 18
Changed: Jul 29
Last Checked: Jul 29 at 7:06AM
MLS# A12032426
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 canal-front duplex is a two-story residential income property built in 1984. The layout features bright, flowing interior spaces with high ceilings and spacious units. Outdoor living is supported by large balconies overlooking the water. The building is described as being in incredible condition throughout, with full remodels completed in recent years and updates to plumbing and electric. Impact windows and doors are in place, and the property includes a kayak launch. Parking is provided on-site, with freshly treated asphalt noted.
The property is located at 12085 W Dixie Highway in Biscayne Park, within Miami-Dade County. Public remarks indicate it is just steps from downtown North Miami and Griffin Park, with a central area allowing short drives to Whole Foods, Wynwood, Aventura Mall, Miami International Airport, Brickell, and Surfside.
For buyers and operators, this is a duplex configuration that can support multiple residential living arrangements within a single canal-front asset. The combination of water-facing balconies, recent interior improvements, and impact protection can appeal to tenants seeking a move-in-ready setup in a walkable, nearby-destination area.
The property is located at 12085 W Dixie Highway in Biscayne Park, within Miami-Dade County. Public remarks indicate it is just steps from downtown North Miami and Griffin Park, with a central area allowing short drives to Whole Foods, Wynwood, Aventura Mall, Miami International Airport, Brickell, and Surfside.
For buyers and operators, this is a duplex configuration that can support multiple residential living arrangements within a single canal-front asset. The combination of water-facing balconies, recent interior improvements, and impact protection can appeal to tenants seeking a move-in-ready setup in a walkable, nearby-destination area.
Key Highlights
- Waterfront duplex in place on a canal with large balconies overlooking the water
- Built in 1984 with block construction, tile flooring, and a tile roof
- Two‑story building with high ceilings and spacious interiors
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 | $97.0k | $25.20 |
| − Vacancy | −$5.3k | −$1.39 |
| EGI | $91.6k | $23.81 |
| − OpEx | −$27.5k | −$7.14 |
| NOI | $64.1k | $16.67 |
3,848 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$916.4K
$801.8K – $1.07M
NOI $64,145 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$845.4K
$739.8K – $986.3K
NOI $59,180 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,658 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-story duplex set directly on a canal with balconies and impact windows, offering versatile residential income configuration.
Where is this duplex located?
The property is located at 12085 W Dixie Highway Biscayne Park, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Waterfront duplex in place on a canal with large balconies overlooking the water; Built in 1984 with block construction, tile flooring, and a tile roof; Two‑story building with high ceilings and spacious interiors
