12800 12 Ave North Miami, FL 33161
This exceptional 1-story, 2,095 square foot duplex in North Miami, Florida (33161), presents a compelling investment opportunity. Built in 1950 and tastefully remodeled, this property boasts a desirable location within walking distance of Whole Foods, offering convenient access to shopping, dining, and entertainment. The property features a private pool area, enhancing its appeal to tenants and contributing to a potentially high rental yield. Each unit has undergone thoughtful upgrades, including a brand new roof, ensuring a modern and comfortable living experience for residents. The asking price is $995,000, with a potential 7% capitalization rate, making it an attractive option for both investors seeking strong returns and owner-occupants looking for a beautifully renovated space. The property is situated at 12800 NE 12th Ave, in Miami-Dade County, and offers a blend of convenience and luxury in a prime North Miami location. This multifamily property, classified as an apartment building and specifically a duplex/triplex/quadruplex, presents a rare opportunity to acquire a well-maintained and high-demand property in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.