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Property profile

12800 12Th Ave North Miami, FL 33161

OFF-MARKET
Apartment buildings
Property ID
US18-9659051
2,095 SF Built 1950
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Apartment buildings
Year built 1950
Total area 2,095 SF
UPID US18-9659051

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12800 12Th Ave North Miami, FL 33161
North Miami metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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