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Renovated Apartment Buildings
For Sale
$2,850,000

421 NW 12th St, Florida City, FL 33034

Commercial Sale, Florida City, FL

Property SizeContact for details
Lot Size0.18 Acres
Days on Market708

Property Features for 421 NW 12th St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 5700
Parking 16
Security features Security System
Subdivision 78
Standard status Active
APN 16-78-24-008-1140
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description 24 57 38 WASHINGTON PARK PB 9-13 LOTS 4 & 5 BLK 18 LOT SIZE 100.000 X 78 OR 19742-0873 062001 2 (2) COC 24693-4770 06 2006 4
Tax Annual Amount 18588
Legal Description 24 57 38 WASHINGTON PARK PB 9-13 LOTS 4 & 5 BLK 18 LOT SIZE 100.000 X 78 OR 19742-0873 062001 2 (2) COC 24693-4770 06 2006 4

Utilities

Cooling system Wall/Window Unit(s), Window Unit(s)

Amenities

camera system
fenced

Building Details

Year built 1959
Floors in Building 2
Number of units 16
Listing Agency: Luxe Properties
Listed By: Christian Fojon · License #3554058
Added: Sep 30, 2024 Changed: Sep 3 Last Checked: Sep 7 at 5:06PM
MLS# A11528411

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 apartment property comprises two buildings at 421 NW 12th St and 441 NW 12th St, conveyed together. The unit mix includes eight two-bedroom, one-bath apartments and eight one-bedroom, one-bath apartments. Thirteen units have been fully remodeled, while three have received partial remodeling. Both buildings were constructed in 1959 and are enclosed by fencing.

The property includes camera wiring in both buildings, and the roof was sealed in 2023. New multifamily buildings are being developed around the property, with new townhomes located behind it. The combined site measures 0.1791 acres in Florida City, within Miami-Dade County.

Key Highlights

  • 16 apartments: eight 2‑bedroom/1‑bath units and eight 1‑bedroom/1‑bath units
  • 13 units fully remodeled and 3 units partly remodeled
  • Roof sealed in 2023

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Carpet & Flooring Store Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store Restaurant Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,012
Businesses Nearby

Demographics for 33034, FL

22,850
Population
6,631
Households
3.4
Avg Household Size
34
Median Age
9%
College-Educated
65%
High-School Grad
1,173.1 sq mi
ZIP Area
19
Density / Sq Mi
$46,404
Median Household Income
$31,712
Median Earnings
$1,283
Median Rent
$310,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two fenced properties offer a mix of one- and two-bedroom apartments with extensive interior remodeling.
Where is this apartment building located?
The property is located at 421 NW 12th St Florida City, FL.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 16 apartments: eight 2‑bedroom/1‑bath units and eight 1‑bedroom/1‑bath units; 13 units fully remodeled and 3 units partly remodeled; Roof sealed in 2023
More about this property
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