For Sale by Owner – Cash-Flowing Duplex Near Major Miami Development
Turn-key investment opportunity in a high-growth Miami corridor. This fully furnished duplex is strategically located near HueHub, Miami’s newest mixed-use development poised to bring significant job growth, residential demand, and long-term appreciation to the area.
Centrally positioned with easy access to I-95, SR-836, Downtown Miami, Wynwood, and major hospitals, this property is ideally suited for short- to mid-term rental strategies.
The duplex features a 1-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit, offering flexible rental options and strong tenant appeal.
Both units are currently leased to traveling nurses and healthcare professionals, generating approximately $4,400/month in consistent rental income. Strong tenant demand in the area ensures reliable occupancy and stable cash flow.
For sale by owner
Price cut: $5K (7/29)
$575,000
7981 NW 12th Pl, Miami, FL 33147
3beds
1,360sqft
MultiFamily
Built in 1994
-- sqft lot
$-- Zestimate®
$423/sqft
$-- HOA
What's special
Fully furnished duplex
- 134 days |
- 378 |
- 31 |
Listed by:
Property Owner (575) 621-2429
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- Central, Other
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Tile, Linoleum / Vinyl
- Basement: None
- Furnished: Yes
Interior area
- Total interior livable area: 1,360 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
Features
- Exterior features: Cement / Concrete
- Has view: Yes
- View description: City
Lot
- Size: 6,200 Square Feet
Details
- Parcel number: 3031110150340
Construction
Type & style
- Home type: MultiFamily
Materials
- concrete
- Roof: Other
Condition
- New construction: No
- Year built: 1994
Community & HOA
Location
- Region: Miami
Financial & listing details
- Price per square foot: $423/sqft
- Tax assessed value: $432,564
- Annual tax amount: $8,750
- Date on market: 4/8/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,878/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $575,000-0.9%$423/sqft |
Source: Owner Report a problem | ||
| 7/6/2026 | Price change | $580,000-1.7%$426/sqft |
Source: Owner Report a problem | ||
| 6/6/2026 | Price change | $590,000-1.7%$434/sqft |
Source: Owner Report a problem | ||
| 4/8/2026 | Listed for sale | $600,000-5.5%$441/sqft |
Source: Owner Report a problem | ||
| 3/11/2025 | Listing removed | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/13/2025 | Price change | $1,950-7.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/4/2025 | Listed for rent | $2,100-4.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/30/2025 | Listing removed | $635,000$467/sqft |
Source: | ||
| 12/2/2024 | Price change | $635,000-2.3%$467/sqft |
Source: | ||
| 8/15/2024 | Listing removed | $2,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/7/2024 | Listed for sale | $650,000+74.3%$478/sqft |
Source: | ||
| 8/6/2024 | Listed for rent | $2,200-4.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/30/2024 | Listed for rent | $2,300+9.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/25/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/19/2024 | Listed for rent | $2,100+16.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/17/2023 | Price change | $1,800-5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/11/2023 | Price change | $1,900-5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/7/2023 | Price change | $2,000-4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/27/2023 | Price change | $2,100-4.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/23/2023 | Listed for rent | $2,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/20/2023 | Listing removed | -- |
Source: | ||
| 4/13/2023 | Price change | $2,200-12%$2/sqft |
Source: | ||
| 4/1/2023 | Listed for rent | $2,500$2/sqft |
Source: | ||
| 10/14/2021 | Sold | $373,000+607.8%$274/sqft |
Source: | ||
| 10/30/2019 | Sold | $52,700-29.7%$39/sqft |
Source: Public Record Report a problem | ||
| 7/31/2019 | Sold | $75,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,750 +5.4% | $432,564 +9.9% |
| 2024 | $8,302 +13.5% | $393,572 +10% |
| 2023 | $7,314 +10.9% | $357,793 +10% |
| 2022 | $6,598 +54.8% | $325,267 +75.1% |
| 2021 | $4,263 +5.4% | $185,713 +7.5% |
| 2020 | $4,043 +18.3% | $172,721 +46.3% |
| 2019 | $3,416 +13.3% | $118,023 +10% |
| 2018 | $3,016 | $107,294 +10% |
| 2017 | $3,016 +11.5% | $97,540 +10% |
| 2016 | $2,705 +12.2% | $88,673 +10% |
| 2015 | $2,412 +3.3% | $80,612 +10% |
| 2014 | $2,334 -0.3% | $73,284 +10% |
| 2013 | $2,341 | $66,622 -14.3% |
| 2012 | $2,341 -7.2% | $77,720 -9.9% |
| 2011 | $2,524 -28.6% | $86,259 -33% |
| 2010 | $3,536 -14.7% | $128,742 -25.1% |
| 2009 | $4,146 -8.8% | $171,884 -12.3% |
| 2007 | $4,544 +29.1% | $196,081 |
| 2006 | $3,518 | -- |
| 2005 | $3,518 +21.1% | -- |
| 2004 | $2,906 +24.6% | -- |
| 2003 | $2,332 +15% | -- |
| 2002 | $2,029 | -- |
| 2001 | $2,029 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33147
Nearby schools
GreatSchools rating
- 7/10Arcola Lake Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Madison Middle SchoolGrades: 6-8Distance: 2.2 mi
- 3/10Miami Central Senior High SchoolGrades: 9-12Distance: 1.2 mi
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