Income Duplex with Central
1212-1214 Southwest 30th Court Miami, FL 33135
For Sale
$775,000
Two separately metered units offer central A/C, in-unit laundry, and accordion shutters, with long-term tenants in place.
Property Size1,623 SF
Price / SF$477.51
Days on Market96
Property Features for 1212-1214 Southwest 30th Court
General Information
- Standard status
- Active
- Size
- 1,623 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1991
Listing Agency:
Edge & Co. Realty, Inc.
(305) 962-1702
Listed By:
Mercedes Saavedra · License #3012029
(305) 962-1702
Source:
Compass
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 23 at 4:10PM
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 Edge & Co. Realty, Inc.
Investment Insights
Based on property information with market context.
This duplex property features two occupied units with separate electric and water meters. The front unit has 3 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 1 bathroom. Both units include central A/C and in-unit laundry, and both have accordion shutters. The property is fully fenced and includes ample parking.
The asset is positioned on the edge of Coral Gables and is described as just minutes from Coconut Grove and the Miami/Brickell area, supporting convenient access to surrounding employment and retail corridors.
Each unit is set up for independent utility management, with long-term tenants in place (15+ years) and current rents described as below market value.
The asset is positioned on the edge of Coral Gables and is described as just minutes from Coconut Grove and the Miami/Brickell area, supporting convenient access to surrounding employment and retail corridors.
Each unit is set up for independent utility management, with long-term tenants in place (15+ years) and current rents described as below market value.
Key Highlights
- Duplex built in 1991 with two separately metered units (electric and water)
- Front unit: 3BR/2BA; rear unit: 2BR/1BA
- Both units have central A/C and in‑unit laundry
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 | $49.7k | $30.60 |
| − Vacancy | −$3.2k | −$1.95 |
| EGI | $46.5k | $28.65 |
| − OpEx | −$14.0k | −$8.60 |
| NOI | $32.6k | $20.06 |
1,623 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$465.0K
$406.9K – $542.5K
NOI $32,550 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$428.3K
$374.8K – $499.7K
NOI $29,982 @ 7.0% cap · market cap 3.87%
Theoretical Best
Specialty Retail
$1.10M
$958.6K – $1.28M
NOI $76,687 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two separately metered units offer central A/C, in-unit laundry, and accordion shutters, with long-term tenants in place.
Where is this duplex located?
The property is located at 1212-1214 Southwest 30th Court Miami, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Duplex built in 1991 with two separately metered units (electric and water); Front unit: 3BR/2BA; rear unit: 2BR/1BA; Both units have central A/C and in‑unit laundry
