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Apartment Buildings with Mini-Split A/C
For Sale
$2,850,000

421 NW 12th St, Florida City, FL 33034

MULTI_FAMILY - Florida City, FL

Property SizeContact for details
Lot Size0.18 Acres
Days on Market687

Property Features for 421 NW 12th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 5700
Parking 16
Security features Security System
Subdivision 78
Standard status Active
APN 16-78-24-008-1140
Lot size 0.18 Acres

Taxes and HOA fees

Tax Description 24 57 38 WASHINGTON PARK PB 9-13 LOTS 4 & 5 BLK 18 LOT SIZE 100.000 X 78 OR 19742-0873 062001 2 (2) COC 24693-4770 06 2006 4
Tax Annual Amount 18588
Legal Description 24 57 38 WASHINGTON PARK PB 9-13 LOTS 4 & 5 BLK 18 LOT SIZE 100.000 X 78 OR 19742-0873 062001 2 (2) COC 24693-4770 06 2006 4

Utilities

Cooling system Wall/Window Unit(s), Window Unit(s)

Amenities

security cameras
fenced yard

Building Details

Year built 1959
Floors in Building 2
Number of units 16
Listing Agency: Luxe Properties
Listed By: Christian Fojon · License #3554058
Added: Sep 30, 2024 Changed: Aug 11 Last Checked: Aug 17 at 12:06AM
MLS# A11528411

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.

Two-buiding multifamily package at 441 NW 12 ST and 421 NW 12th St in Florida City, totaling 16 units in a mix of eight 2-bedroom, 1-bath apartments and eight 1-bedroom, 1-bath apartments. The roof was sealed in 2023, and all units received new mini-split A/C systems. Interior upgrades include 13 fully remodeled units and 3 partly remodeled units. Both buildings are fenced and have wired camera systems, and the properties will be painted.

The buildings will have new tenants. The surrounding area includes new multi-family buildings and new townhomes behind the properties, supporting a cohesive residential infill context for the site.

This combination of exterior improvements, HVAC replacement, and unit remodeling may appeal to buyers seeking a straightforward path to stabilize the rental mix across the full 16-unit configuration.

Key Highlights

  • Two buildings sold together: 441 NW 12 ST and 421 NW 12th St, Florida City
  • Roof sealed in 2023
  • New mini‑split A/C installed throughout

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store Restaurant Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,012
Businesses Nearby

Demographics for 33034, FL

22,850
Population
6,631
Households
3.4
Avg Household Size
34
Median Age
9%
College-Educated
65%
High-School Grad
1,173.1 sq mi
ZIP Area
19
Density / Sq Mi
$46,404
Median Household Income
$31,712
Median Earnings
$1,283
Median Rent
$310,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two fenced apartment buildings with new mini-split A/C, sealed roof work completed in 2023, and remodeled unit interiors.
Where is this apartment building located?
The property is located at 421 NW 12th St Florida City, FL.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Two buildings sold together: 441 NW 12 ST and 421 NW 12th St, Florida City; Roof sealed in 2023; New mini‑split A/C installed throughout
More about this property
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