Four-Bedroom
For Sale
$1,049,000
12080 & 12090 SW 213th St, Miami, FL 33177
Residential Income, Miami, FL
Property Size2,877 SF
Lot Size0.25 Acres
Price / SF$364.62
Days on Market52
Property Features for 12080 & 12090 SW 213th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
8
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 2, Bedroom 7, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 8, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 4
Parking
4
Security features
Security
Exterior features
Security/High Impact Doors
Subdivision
DIXIE PINES 2ND REV
Lot features
1/4 to 1/2 Acre Lot
Directions
See MapQuest
Standard status
Active
APN
30-69-12-008-1533
Size
2,877 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
12-13 56 39 .25 AC DIXIE PINES PB 31-51 E100FT OF W308.5FT OF N1/2 TR 15 LOT SIZE 100.000 X 107 COC 22066-4163 02 2004 3
Tax Annual Amount
13736
Legal Description
12-13 56 39 .25 AC DIXIE PINES PB 31-51 E100FT OF W308.5FT OF N1/2 TR 15 LOT SIZE 100.000 X 107 COC 22066-4163 02 2004 3
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Ceiling Fan(s)
Amenities
newer appliances
laundry inside a closet
impact windows
Building Details
Year built
2023
Floors in Building
1
Flooring type
Tile, Laminate
Building materials
Block
Roof type
Barrel
Listing Agency:
BRS
(786) 456-3668
Listed By:
Angel Barreiro · License #3194683
(786) 229-7395
Added: Jul 18
Changed: Sep 3
Last Checked: Sep 7 at 4:06PM
MLS# A12038868
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.
Built in 2023, this duplex contains two residential units with a combined layout of 8 bedrooms and 4 bathrooms, including 4 bedrooms and 2 bathrooms per unit. The property measures 2,877 square feet on a 0.25-acre lot and features newer appliances, hallway laundry closets, laminate and tile flooring, block construction, a barrel roof, and central heating and air conditioning. Impact windows and security/high-impact doors add exterior improvements.
Located at 12080 & 12090 SW 213th St in Miami, the property includes a long driveway and additional lot area described as suitable for boat or RV storage. The home is served by a septic tank and includes ceiling fans alongside central air conditioning.
Located at 12080 & 12090 SW 213th St in Miami, the property includes a long driveway and additional lot area described as suitable for boat or RV storage. The home is served by a septic tank and includes ceiling fans alongside central air conditioning.
Key Highlights
- 2023 construction with 2,877 square feet of total building area
- Duplex layout with 8 bedrooms and 4 bathrooms; each unit has 4 bedrooms and 2 bathrooms
- Situated on a 0.25‑acre lot with a long driveway
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,959
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$959,180
$959.2K
Cap Rate 7%
$685,129
$685.1K
Cap Rate 9%
$532,878
$532.9K
Market Conditions
NOI Build-Up for 2,877 SF
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.
Gross rent
$72.5K $25.20/SF
− Vacancy
−$4.0K −$1.39/SF
EGI
$68.5K $23.81/SF
− OpEx
−$20.6K −$7.14/SF
NOI
$48.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$959,180
Cap Rate 7%
$685,129
Cap Rate 9%
$532,878
Alternative Uses
Best Use
Multifamily LT 5
$685.1K
$599.5K – $799.3K
NOI $47,959 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$632.1K
$553.1K – $737.4K
NOI $44,246 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,174 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
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
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 residential units offer updated interiors, private laundry, and a spacious lot with boat or RV storage capacity.
Where is this duplex located?
The property is located at 12080 & 12090 SW 213th St 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: 2023 construction with 2,877 square feet of total building area; Duplex layout with 8 bedrooms and 4 bathrooms; each unit has 4 bedrooms and 2 bathrooms; Situated on a 0.25‑acre lot with a long driveway
