11980-11982 Sw 213th St, Miami, FL 33177
- $849,000
- 2,400
- SqFt
- List Price
- $849,000
- Price Change
- ▼ $20,000 1768470320
- MLS
- A11907905
- Complex Name
- Symmes - Sharman Tract
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,400
Property Description
Excellent new duplex investment opportunity in a quiet Miami neighborhood. Property completed in December 2024. Each unit features 3 bedrooms and 2 bathrooms, central air conditioning, and separate water and electric meters. Current rents: • Unit 1: $3,200 / month • Unit 2: $3,748 / month Total monthly income: $6,948 Annual gross income: $83,376 Estimated operating expenses: 13% (~$10,839/year) Net Operating Income (NOI): $72,537/year Cap Rate: ~8.5% at asking price of $849,000 Estimated ROI: ~34.2% (assuming 25% down payment, before appreciation and tax benefits) This property is ideal for investors seeking immediate cash flow, low vacancy risk, and long-term appreciation
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Additional Information
- Days on Market
- 311
- Style
- Duplex
- Special Information
- New Construction
- #Parking Spaces
- 6
- Year Built
- 2024
- Development Name
- Symmes - Sharman Tract
- #Stories
- 1
- Construction Type
- Concrete Block Construction, CBS Construction
- Section
- 12
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Listing Courtesy of Avanti Way Brickell, Contact: