12040 SW 215th St, Miami, FL 33177
Two-unit duplex with six bedrooms and four bathrooms total.
- Added:
- Oct 30, 2025
- Days on Market:
- 252
- Last Refresh:
- Jul 2 at 11:52 am
Property Features for 12040 SW 215th St
General Information
- Standard status
- Active
- Size
- 2,516 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2006
Listing office Exclusive Project & Land (786) 316-8453
Listing date Oct 30, 2025
Source Crexi
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
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.
- Built in 2006, suggesting relatively modern construction.
- Suitable for investors seeking business opportunities.
- Located in a great location.
Overview
Local Financial Insights For Multifamily LT 5
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 | $63.4k | $25.20 |
| − Vacancy | −$3.5k | −$1.39 |
| EGI | $59.9k | $23.81 |
| − OpEx | −$18.0k | −$7.14 |
| NOI | $41.9k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.387531
- Latitude
- 25.566714
