Updated Triplex with Detached
276 East 12th Street Hialeah, FL 33010
For Sale
$820,000
Updated triplex offering two units in the main house plus a detached two-story 2 bed/1 bath in the rear.
Property Size2,639 SF
Price / SF$310.72
Days on Market302
Property Features for 276 East 12th Street
General Information
- Standard status
- Active
- Size
- 2,639 SF
- Property subtype
- Multi-Family Income / Triplex
Building Details
- Year Built
- 1926
Listing Agency:
FIP Realty Services, LLC
(786) 463-4977
Listed By:
Adir Schneider · License #3374300
(786) 463-4977
Source:
Compass
Added: Sep 26, 2025
Changed: Jul 23
Last Checked: Jul 24 at 1:52PM
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 FIP Realty Services, LLC
Investment Insights
Based on property information with market context.
This updated triplex is in great condition and designed with a smart, functional layout. The main house includes two units: a 2 bed/1 bath and a 3 bed/2 bath. In the back, there is a detached two-story home providing an additional 2 bed/1 bath unit.
Each unit has been tastefully updated for modern comfort, supporting practical day-to-day living. The property is configured as a three-unit residential income setup with both main-house and detached living areas.
Overall, the building presents a clear triplex arrangement with three separate residential units, each offering updated interiors and established rental functionality for a buyer looking to invest or occupy.
Each unit has been tastefully updated for modern comfort, supporting practical day-to-day living. The property is configured as a three-unit residential income setup with both main-house and detached living areas.
Overall, the building presents a clear triplex arrangement with three separate residential units, each offering updated interiors and established rental functionality for a buyer looking to invest or occupy.
Key Highlights
- Updated triplex with two units in the main house plus a detached two‑story rear unit
- Main house includes a 2 bed/1 bath unit and a 3 bed/2 bath unit
- Detached two‑story home in the back offers an additional 2 bed/1 bath unit
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 | $58.6k | $22.20 |
| − Vacancy | −$4.4k | −$1.67 |
| EGI | $54.2k | $20.54 |
| − OpEx | −$16.3k | −$6.16 |
| NOI | $37.9k | $14.37 |
2,639 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$541.9K
$474.2K – $632.2K
NOI $37,934 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$504.8K
$441.7K – $589.0K
NOI $35,339 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$1.04M
$908.9K – $1.21M
NOI $72,710 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Updated triplex offering two units in the main house plus a detached two-story 2 bed/1 bath in the rear.
Where is this triplex located?
The property is located at 276 East 12th Street Hialeah, FL.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Updated triplex with two units in the main house plus a detached two‑story rear unit; Main house includes a 2 bed/1 bath unit and a 3 bed/2 bath unit; Detached two‑story home in the back offers an additional 2 bed/1 bath unit
