Duplex in Great
For Sale
Contact for pricing
12040 SW 215th St, Miami, FL 33177
Two-unit duplex with six bedrooms and four bathrooms total.
Property Size2,516 SF
Price / SF$312
Days on Market345
Property Features for 12040 SW 215th St
General Information
Standard status
Active
Size
2,516 SF
Total Parking Spaces
8
Property subtype
Multifamily
Zoning
5700
Building Details
Year Built
2006
Listing Agency:
Exclusive Project & Land
Listed By:
Kristina Rivera · License #3020924
(786) 316-8453
Source:
Crexi
Added: Oct 30, 2025
Changed: Oct 6
Last Checked: Oct 7 at 9:53AM
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 Exclusive Project & Land
Investment Insights
Based on property information with market context.
This is a two-unit duplex property, suitable for investors. The single-story structure contains two units. Each unit features 3 bedrooms and 2 bathrooms. The property size is 2516 square feet.
Key Highlights
- Duplex configuration offers immediate rental income potential.
- Two units, each with 3 bedrooms and 2 bathrooms, provide ample living space.
- Single‑story layout enhances accessibility and convenience.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,941
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,820
$838.8K
Cap Rate 7%
$599,157
$599.2K
Cap Rate 9%
$466,011
$466.0K
Market Conditions
NOI Build-Up for 2,516 SF
Gross rent
$63.4K $25.20/SF
− Vacancy
−$3.5K −$1.39/SF
EGI
$59.9K $23.81/SF
− OpEx
−$18.0K −$7.14/SF
NOI
$41.9K $16.67/SF
Area
ZIP 33177
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%
$838,820
Cap Rate 7%
$599,157
Cap Rate 9%
$466,011
Alternative Uses
Best Use
Multifamily LT 5
$599.2K
$524.3K – $699.0K
NOI $41,941 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$552.8K
$483.7K – $644.9K
NOI $38,694 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,353 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Explore this area
Business Placement
Demographics for 33177, FL
56,331
Population
17,124
Households
3.3
Avg Household Size
41
Median Age
23%
College-Educated
84%
High-School Grad
12.6 sq mi
ZIP Area
4,471
Density / Sq Mi
$77,297
Median Household Income
$36,347
Median Earnings
$2,080
Median Rent
$399,000
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with six bedrooms and four bathrooms total.
Where is this duplex located?
The property is located at 12040 SW 215th St Miami, FL.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Duplex configuration offers immediate rental income potential.; Two units, each with **3 bedrooms and 2 bathrooms, provide ample living space**.; Single‑story layout enhances accessibility and convenience.
