Quadplex with New Metal
1025 SW 12th St, Miami, FL 33129
For Sale
$1,900,000
Fully leased four-unit property with varied layouts, on-site parking, and a substantial backyard.
Property Size3,248 SF
Days on Market53
Property Features for 1025 SW 12th St
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
backyard
on-site parking
Building Details
Building Size
Year Built
Stories
Units
Listed By:
Jessica Quintero Bustamante
(786) 287-4480
Source:
Elliman
Added: Sep 19
Changed: Nov 1
Last Checked: Nov 10 at 8:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jessica Quintero Bustamante
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Investment Insights
Based on property information with market context.
This tenant-occupied quadplex contains four residences totaling 7 bedrooms and 5 bathrooms. The unit mix includes a 3-bedroom, 2-bath residence; a 2-bedroom, 1-bath residence; and two 1-bedroom, 1-bath residences. A new aluminum and metal roof was completed in 2026. The property also includes a generous backyard and on-site parking.
Located at 1025 SW 12th St in Miami, the property is within the City of Miami’s T3-O zoning designation and near Little Havana. Brickell, Downtown Miami, Coral Gables, Coconut Grove, Key Biscayne, shopping, dining, and major highways are described as minutes away. Walk Score is 98, Transit Score is 89, and Bike Score is 80. Tenant occupancy is in place, with showings subject to listing-agent instructions.
Located at 1025 SW 12th St in Miami, the property is within the City of Miami’s T3-O zoning designation and near Little Havana. Brickell, Downtown Miami, Coral Gables, Coconut Grove, Key Biscayne, shopping, dining, and major highways are described as minutes away. Walk Score is 98, Transit Score is 89, and Bike Score is 80. Tenant occupancy is in place, with showings subject to listing-agent instructions.
Key Highlights
- Four‑unit quadplex with 7 bedrooms and 5 bathrooms
- Unit mix includes 3BR/2BA, 2BR/1BA, and two 1BR/1BA units
- New aluminum and metal roof completed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,140
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,302,800
$1.3M
Cap Rate 7%
$930,571
$930.6K
Cap Rate 9%
$723,778
$723.8K
Market Conditions
NOI Build-Up for 3,248 SF
Gross rent
$99.4K $30.60/SF
− Vacancy
−$6.3K −$1.95/SF
EGI
$93.1K $28.65/SF
− OpEx
−$27.9K −$8.60/SF
NOI
$65.1K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,302,800
Cap Rate 7%
$930,571
Cap Rate 9%
$723,778
Alternative Uses
Best Use
Multifamily LT 5
$930.6K
$814.3K – $1.09M
NOI $65,140 @ 7.0% cap · market cap 3.43%
Second Best
Apartment 5plus
$857.2K
$750.0K – $1.00M
NOI $60,002 @ 7.0% cap · market cap 3.16%
Theoretical Best
Specialty Retail
$2.19M
$1.92M – $2.56M
NOI $153,469 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,403
Businesses Nearby
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Business Placement
Demographics for 33129, FL
15,218
Population
8,275
Households
1.8
Avg Household Size
44
Median Age
68%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
10,870
Density / Sq Mi
$102,969
Median Household Income
$54,935
Median Earnings
$2,241
Median Rent
$573,900
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Miami, FL
Properties on Market for Quadplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased four-unit property with varied layouts, on-site parking, and a substantial backyard.
Where is this quadplex located?
The property is located at 1025 SW 12th St Miami, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Four‑unit quadplex with 7 bedrooms and 5 bathrooms; Unit mix includes 3BR/2BA, 2BR/1BA, and two 1BR/1BA units; New aluminum and metal roof completed in 2026
