11980-11982 SW 213th St, Miami, FL 33177
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
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
Contact an agent
Home facts
- Year built:2024
- Listing ID #:A11907905
- Updated:January 23, 2026 at 10:52 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)
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