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403 SW 12th Ave 4 Unit Apartment Building $1,749,000 ($437,250/Unit) 5.76% Cap Rate Miami, FL 33130
Investment Highlights
- Location
- Excellent opportunity for legal AIRBNB short term operator
- New Certificate of Occupancy and 40/50 year certification.
- Commercial Zoning T5O
- Complete renovation w/ architectural plans,
- Gated property with security system
Executive Summary
Investment Opportunity – Live-Work Multifamily Building with T5-O zoning, architectural plans & new Certificate ofOccupancy. 4 units with a total of 8 Beds + 4 Dens- 4 Baths, 4 electric meters, one main water meter, new electric w/ 600 Amps, new electric panels, new plumbing, new central AC's, impact windows & doors, new drywall throughout and insulation, new custom kitchens with quartz counters, new bathrooms, new paint throughout. The property also has 4 gated parking spaces, a privacy fence & professionally landscaped yard. Unique opportunity to acquire a fully renovated multifamily, with low expenses, in the heart of Little Havana near Downton Miami & the Brickell Financial District walking distance to Calle Ocho, restaurants & world class shopping with easy access to transportation. Ideal for Airbnb operator walking distance to Calle Ocho entertaining district.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Sunroom
- Dining Room
- Linen Closet
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,600 | 882 |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-4102-005-4100 | Total Assessment | $642,812 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
01-4102-005-4100
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$642,812 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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403 SW 12th Ave
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