7946 NW 12Th Pl Miami, FL 33147
For Sale
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This exceptional redevelopment opportunity presents a detached duplex located in Miami, Florida, at 7946 NW 12th Pl, 33147. The property, built in 1940, is a single-story structure encompassing three buildings. Building A and Building B are each one-bedroom, one-bathroom units, both equipped with wall unit air conditioning. Building C functions as a garage and/or storage space. The asking price for this property is $485,000. It's important to note that the property is currently on a septic system and has open violations. This presents a unique chance for an investor or developer to acquire a property in a desirable Miami location and capitalize on its potential. The existing structures offer a solid foundation for renovation or complete redevelopment, allowing for significant value appreciation. The property's location in Miami-Dade County provides access to a thriving market and diverse population. Serious inquiries are encouraged to explore the full scope of this promising investment. Buyers should be aware of the existing violations and septic system before making an offer. This property is being sold "as is."
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.