7-Unit Multifamily
For Sale
$1,650,000
842 SW 12th Ave, Miami, FL 33130
Residential Income, Miami, FL
Property Size3,051 SF
Price / SF$540.81
Days on Market147
Property Features for 842 SW 12th Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
3900
Parking
4
Subdivision
1ST WESTMORELAND ADDN
Lot features
< 1/4 Acre
Special listing conditions
Short Sale
Standard status
Active
APN
01-41-11-013-0060
Size
3,051 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
FIRST WESTMORELAND ADD PB 3-33 LOT 5 LESS THE E10.5FT BLK 1 LOT SIZE 60.000 X 120 OR 9777-32 COC 25413-2102 02 2007 1
Tax Annual Amount
9360
Legal Description
FIRST WESTMORELAND ADD PB 3-33 LOT 5 LESS THE E10.5FT BLK 1 LOT SIZE 60.000 X 120 OR 9777-32 COC 25413-2102 02 2007 1
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Building Details
Year built
1935
Floors in Building
1
Flooring type
Laminate
Building materials
Shingle Siding
Roof type
Shingle, Wood
Architectural style
Other
Listing Agency:
One Stop Shop Realty LLC
(786) 800-0610
Listed By:
Wendy Alvarez Sanchez · License #3635819
(305) 205-1124
Added: Jun 12
Changed: Oct 13
Last Checked: Nov 5 at 12:06AM
MLS# A12034362
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.
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Investment Insights
Based on property information with market context.
This 7-unit multifamily property at 842 SW 12th Ave in Miami contains 3,051 square feet and dates to 1935. The building features laminate flooring, shingle siding, electric heating, public sewer service, and a shingle and wood roof system.
The property is near SW 8th Street in Miami-Dade County, with access to the medical areas of Miami, Downtown Miami, Brickell, Key Biscayne, Coconut Grove, Coral Gables, the Design District, and Miami Beach. The offering is available for cash buyers, and occupant access is limited to scheduled appointments.
The property is near SW 8th Street in Miami-Dade County, with access to the medical areas of Miami, Downtown Miami, Brickell, Key Biscayne, Coconut Grove, Coral Gables, the Design District, and Miami Beach. The offering is available for cash buyers, and occupant access is limited to scheduled appointments.
Key Highlights
- 7 existing multifamily units
- 3,051 square feet on a 1935‑built property
- T4‑R zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,362
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,127,240
$1.1M
Cap Rate 7%
$805,171
$805.2K
Cap Rate 9%
$626,244
$626.2K
Market Conditions
NOI Build-Up for 3,051 SF
Gross rent
$109.8K $36.00/SF
− Vacancy
−$7.4K −$2.41/SF
EGI
$102.5K $33.59/SF
− OpEx
−$46.1K −$15.11/SF
NOI
$56.4K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,127,240
Cap Rate 7%
$805,171
Cap Rate 9%
$626,244
Alternative Uses
Best Use
Apartment 5plus
$805.2K
$704.5K – $939.4K
NOI $56,362 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.06M
$1.80M – $2.40M
NOI $144,161 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
3,291
Businesses Nearby
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Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property includes seven existing units and is zoned T4-R.
Where is this multifamily property located?
The property is located at 842 SW 12th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 7 existing multifamily units; 3,051 square feet on a 1935‑built property; T4‑R zoning
