12800 12 Ave North Miami, FL 33161
- Small apartment buildings
- 2,095 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 12800 12 Ave
- Year built
- 1950
- Property size
- 2,095 SF
- Property type
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1747083
- Latitude
- 25.8937123
