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Two-Unit Duplex
New
For Sale
$780,000

12000 NE 10th Ave, Biscayne Park, FL 33161

Residential Income, Biscayne Park, FL

Property Size1,668 SF
Price / SF$467.63
Days on Market4

Property Features for 12000 NE 10th Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 5900
Bedrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Parking 5
Subdivision GRIFFING BISCAYNE PARK ES
Lot features Flood Zone, 1/4 to 1/2 Acre Lot
Standard status Active
APN 17-22-30-044-0070
Size 1,668 SF

Taxes and HOA fees

Tax Year 2025
Tax Description 30 52 42 GRIFFING BISCAYNE PARK EST - AMD PART BLK 27 PB 46-41 LOT 7 & E15FT LOT 8 BLK 27 LOT SIZE 98.350 X 115 OR 17266-1393 0696 4
Tax Annual Amount 13504
Legal Description 30 52 42 GRIFFING BISCAYNE PARK EST - AMD PART BLK 27 PB 46-41 LOT 7 & E15FT LOT 8 BLK 27 LOT SIZE 98.350 X 115 OR 17266-1393 0696 4

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Wall Furnace
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1948
Floors in Building 1
Flooring type Tile, Wood, Hardwood
Building materials Block
Roof type Barrel
Listing Agency: LPT Realty, LLC
Listed By: Dary Camacho · License #3472745
Added: Oct 4 Last Checked: Oct 7 at 11:06AM
MLS# A12099970

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 1,668-square-foot duplex contains two separate units. Built in 1948, the building has block construction, a barrel roof, and a mix of tile, wood, and hardwood flooring. Heating is provided by a wall furnace, with wall or window air-conditioning units.

The property is at 12000 NE 10th Ave in Biscayne Park, Miami-Dade County. Public water service, a septic tank, and cable availability are listed for the site.

Key Highlights

  • Two separate residential units
  • 1,668 square feet of building area
  • Built in 1948 with block construction and a barrel roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,805
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,100 $556.1K
Cap Rate 7%
$397,214 $397.2K
Cap Rate 9%
$308,944 $308.9K
Market Conditions
NOI Build-Up for 1,668 SF
Gross rent
$42.0K $25.20/SF
− Vacancy
−$2.3K −$1.39/SF
EGI
$39.7K $23.81/SF
− OpEx
−$11.9K −$7.14/SF
NOI
$27.8K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,100
Cap Rate 7%
$397,214
Cap Rate 9%
$308,944

Alternative Uses

Best Use
Multifamily LT 5
$397.2K
$347.6K – $463.4K (±1% cap)
NOI $27,805 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$366.5K
$320.7K – $427.6K (±1% cap)
NOI $25,653 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$846.2K
$740.5K – $987.3K (±1% cap)
NOI $59,237 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Veterinary Clinic Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Clothing & Fashion Store Tanning Salon Butcher

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,239
Businesses Nearby

Demographics for 33161, FL

53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - The property contains two separate residential units and offers a rental configuration or owner-occupancy option.
Where is this duplex located?
The property is located at 12000 NE 10th Ave Biscayne Park, FL.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Two separate residential units; 1,668 square feet of building area; Built in 1948 with block construction and a barrel roof
More about this property
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