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New Duplex Built in 2023

12080 & 12090 Sw 213th Street Miami, FL 33177

12080 & 12090 Sw 213th Street, Miami, FL, 33177
$1,049,000
For Sale
$1,049,000

New construction duplex on a large lot in quiet neighborhood.

Property Size2,877 SF
Lot Size0.25 Acres
Price / SF$364.62
Days on Market126

Property Features for 12080 & 12090 Sw 213th Street

General Information

Standard status
Active
Size
2,877 SF
Lot size
0.25 Acres
Property subtype
Multi-Family Income / Duplex

Building Details

Year Built
2023
Listing Agency BRS
Listed by Angel Barreiro · License #3194683
Source Compass
Added: Mar 13 Checked: Jul 16 at 4:49 am

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 BRS


Investment Insights

Based on property information with market context.

This newer construction duplex, built in 2023, is situated on a 1/4 acre lot and features a long driveway. The property consists of two units, each with 4 bedrooms and 2 bathrooms, totaling 8 bedrooms and 4 bathrooms. Each unit includes newer appliances and laundry facilities located inside a closet in the hallway. The exterior features impact windows. The large lot provides ample space for boat or RV storage. Located in a quiet neighborhood, this duplex offers a desirable residential setting. The property size is 2,877 square feet.

Key Highlights

  • Newer construction, built in 2023
  • Duplex featuring 8 bedrooms and 4 bathrooms (4/2 per unit)
  • Large lot (1/4 acre) offers space for boat or RV storage

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 $72.5k $25.20
− Vacancy −$4.0k −$1.39
EGI $68.5k $23.81
− OpEx −$20.6k −$7.14
NOI $48.0k $16.67
2,877 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$685.1K
$599.5K – $799.3K (±1% cap)
NOI $47,959 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$632.1K
$553.1K – $737.4K (±1% cap)
NOI $44,246 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,174 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Carpet & Flooring Store Parking Lot & Garage Furniture & Home Goods Locksmith Skin Care Clinic (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New construction duplex on a large lot in quiet neighborhood.
Where is this duplex located?
The property is located at 12080 & 12090 Sw 213th Street Miami, FL.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Newer construction, built in 2023; Duplex featuring 8 bedrooms and 4 bathrooms (4/2 per unit); Large lot (1/4 acre) offers space for boat or RV storage
Contact an agent
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