Canal-Front Duplex
12085 W Dixie Highway Biscayne Park, FL 33161
12085 W Dixie Highway, Biscayne Park, FL, 33161
$1,250,000
For Sale
$1,250,000
MULTI_FAMILY - Biscayne Park, FL
Property Size3,848 SF
Price / SF$324.84
Days on Market41
Property Features for 12085 W Dixie Highway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 9
- Rooms
- Bathroom 7, Bedroom 3, Bathroom 3, Bathroom 6, Bedroom 8, Bathroom 2, Bathroom 5, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 9, Bathroom 1, Bathroom 8, Bedroom 7, Bathroom 4, Bedroom 2
- Parking
- 8
- Standard status
- Active
- APN
- 17-22-30-031-1070
- Size
- 3,848 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BISCAYNE PARK ESTS BLKS 9 10 11 PB 5-107 PORT LOTS 2 & 3 DESC BEG 86.61FT SELY OF NE COR OF LOT 2 SELY74.30FT SWLY85FT BEING 15FTSWLY OF NEL
- Tax Annual Amount
- 20925
Utilities
- Sewer type
- Public Sewer
- Water front
- 1
Building Details
- Year built
- 1984
- Floors in Building
- 2
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Tile
Listing Agency
EXP Realty LLC
(888) 883-8509
10752 Deerwood Park Blvd #100, Jacksonville, FL
Listed by
John Salt · License #3270043
(786) 485-0888
Added: Jun 8 Checked: Jul 18 at 2:06 pm
MLS# A12032426
Listing URL
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 canal-front duplex is a two-story residential income property built in 1984. The layout features bright, flowing interior spaces with high ceilings and spacious units. Outdoor living is supported by large balconies overlooking the water. The building is described as being in incredible condition throughout, with full remodels completed in recent years and updates to plumbing and electric. Impact windows and doors are in place, and the property includes a kayak launch. Parking is provided on-site, with freshly treated asphalt noted.
The property is located at 12085 W Dixie Highway in Biscayne Park, within Miami-Dade County. Public remarks indicate it is just steps from downtown North Miami and Griffin Park, with a central area allowing short drives to Whole Foods, Wynwood, Aventura Mall, Miami International Airport, Brickell, and Surfside.
For buyers and operators, this is a duplex configuration that can support multiple residential living arrangements within a single canal-front asset. The combination of water-facing balconies, recent interior improvements, and impact protection can appeal to tenants seeking a move-in-ready setup in a walkable, nearby-destination area.
The property is located at 12085 W Dixie Highway in Biscayne Park, within Miami-Dade County. Public remarks indicate it is just steps from downtown North Miami and Griffin Park, with a central area allowing short drives to Whole Foods, Wynwood, Aventura Mall, Miami International Airport, Brickell, and Surfside.
For buyers and operators, this is a duplex configuration that can support multiple residential living arrangements within a single canal-front asset. The combination of water-facing balconies, recent interior improvements, and impact protection can appeal to tenants seeking a move-in-ready setup in a walkable, nearby-destination area.
Key Highlights
- Waterfront duplex in place on a canal with large balconies overlooking the water
- Built in 1984 with block construction, tile flooring, and a tile roof
- Two‑story building with high ceilings and spacious interiors
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 | $97.0k | $25.20 |
| − Vacancy | −$5.3k | −$1.39 |
| EGI | $91.6k | $23.81 |
| − OpEx | −$27.5k | −$7.14 |
| NOI | $64.1k | $16.67 |
3,848 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$916.4K
$801.8K – $1.07M
NOI $64,145 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$845.4K
$739.8K – $986.3K
NOI $59,180 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,658 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-story duplex set directly on a canal with balconies and impact windows, offering versatile residential income configuration.
Where is this duplex located?
The property is located at 12085 W Dixie Highway Biscayne Park, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Waterfront duplex in place on a canal with large balconies overlooking the water; Built in 1984 with block construction, tile flooring, and a tile roof; Two‑story building with high ceilings and spacious interiors
