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Property profile & analytics
FOR SALE
Apartment buildings

7946 NW 12Th Pl Miami, FL 33147

Built 1940
Property ID
US18-0414625
Property summary
AI-generated overview

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."

Property profile
Verified
Property type Apartment buildings
Year built 1940
UPID US18-0414625
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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