842 Southwest 12th Avenue Miami, FL 33130
Multifamily property near Calle 8, Miami. Development potential.
Property Features for 842 Southwest 12th Avenue
General Information
- Standard status
- Active
- Size
- 3,051 SF
- Property subtype
- Multi-Family Income / Fourplex
Building Details
- Year Built
- 1935
Listing office One Stop Shop Realty LLC (786) 800-0610
Listing date Mar 13, 2026
Source Compass
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 One Stop Shop Realty LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime multi‑family investment property zoned T4‑R commercial.
- Located steps from Calle 8 (SW 8 Street).
- Development potential to increase units from 7 to 6‑9.
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 | $93.4k | $30.60 |
| − Vacancy | −$5.9k | −$1.95 |
| EGI | $87.4k | $28.65 |
| − OpEx | −$26.2k | −$8.60 |
| NOI | $61.2k | $20.06 |
