Seven-Unit Apartment
For Sale
$1,650,000
842 SW 12th Ave, Miami, FL 33130
MULTI_FAMILY - Other - Miami, FL
Property Size3,051 SF
Price / SF$540.81
Days on Market56
Property Features for 842 SW 12th Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
3900
Parking
4
Subdivision
1ST WESTMORELAND ADDN
Lot features
< 1/4 Acre
Special listing conditions
Short Sale
Standard status
Active
APN
01-41-11-013-0060
Size
3,051 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
FIRST WESTMORELAND ADD PB 3-33 LOT 5 LESS THE E10.5FT BLK 1 LOT SIZE 60.000 X 120 OR 9777-32 COC 25413-2102 02 2007 1
Tax Annual Amount
9360
Legal Description
FIRST WESTMORELAND ADD PB 3-33 LOT 5 LESS THE E10.5FT BLK 1 LOT SIZE 60.000 X 120 OR 9777-32 COC 25413-2102 02 2007 1
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Building Details
Year built
1935
Floors in Building
1
Flooring type
Laminate
Building materials
Shingle Siding
Roof type
Wood, Shingle
Architectural style
Other
Listing Agency:
One Stop Shop Realty LLC
(786) 800-0610
Listed By:
Wendy Alvarez Sanchez · License #3635819
(305) 205-1124
Added: Jun 12
Changed: Jul 31
Last Checked: Aug 6 at 3:06AM
MLS# A12034362
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 seven-unit apartment building is zoned T4-R and consists of 7 current units. The property was built in 1935. Exterior materials include shingle siding. Interior finishes include laminate flooring, and heating is electric. The roof is wood and shingle. Sewer service is public sewer.
The property is located at 842 SW 12th Ave, Miami, FL 33130 in Miami-Dade County. The seller indicates cash offers only, and financing is not accepted. Showing is by appointment only, and occupants should not be disturbed.
With its apartment-building configuration and T4-R zoning designation, this is a multifamily option for buyers looking for residential income property ownership in the Miami area.
The property is located at 842 SW 12th Ave, Miami, FL 33130 in Miami-Dade County. The seller indicates cash offers only, and financing is not accepted. Showing is by appointment only, and occupants should not be disturbed.
With its apartment-building configuration and T4-R zoning designation, this is a multifamily option for buyers looking for residential income property ownership in the Miami area.
Key Highlights
- Zoned T4‑R
- Seven current units
- Built in 1935
Financial Insights For Apartment 5plus
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 | $109.8k | $36.00 |
| − Vacancy | −$7.4k | −$2.41 |
| EGI | $102.5k | $33.59 |
| − OpEx | −$46.1k | −$15.11 |
| NOI | $56.4k | $18.47 |
3,051 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$805.2K
$704.5K – $939.4K
NOI $56,362 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.06M
$1.80M – $2.40M
NOI $144,161 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
3,291
Businesses Nearby
Explore this area
Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit apartment building zoned T4-R with public sewer, electric heating, and a wood shingle roof.
Where is this apartment building located?
The property is located at 842 SW 12th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Zoned T4‑R; Seven current units; Built in 1935
