11980-11982 SW 213th St, Miami, FL 33177

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11980-11982 SW 213th St,Miami, FL 33177
$849,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Listed by: marina salazar millan
Office: avanti way brickell
MLS#:A11907905
Source:SEFMLS

Price summary

  • Price:$849,000
  • Price per sq. ft.:$353.75

About this home

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. Both units are approved for Section 8, offering stable and reliable income. 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. Each unit has its own folio, offering flexibility for ownership or financing strategies.

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Home facts

  • Year built:2024
  • Listing ID #:A11907905
  • Updated:January 15, 2026 at 03:53 AM

Rooms and interior

  • Living area:2,400 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:2024
  • Building area:2,400 sq. ft.

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$849,000
  • Price per sq. ft.:$353.75
  • Tax amount:$11,080 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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