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7981 NW 12th Pl, Miami, FL, 33147

3beds
2baths
1,360sqft
$575,000
$423price/sqft
$4,317/moest. monthly cost
$172,680/yrincome needed

About This Home

For Sale by Owner. Cash-flowing duplex located near Miami’s newest mixed-use development, HueHub, bringing new jobs, housing, and long-term growth right down the street. Centrally positioned with quick access to I-95, SR-836, Downtown Miami, Wynwood, and major hospitals. Both units are fully furnished and currently leased to traveling nurses and healthcare professionals, producing approximately $4,400/month in consistent rental income. Turn-key investment with built-in cash flow, strong demand, and upside in a rapidly improving area.

Getting Around

60
WalkingSomewhat Walkable
46
TransitSome Transit
54
BikeBikeable

Schools

7/10
4/10
Madison Middle SchoolGrades 6-82.2 mi

Construction

Condition

  • Year built: 1994

Materials

  • Roof: Other
  • Construction materials: concrete

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Dryer,Range / Oven,Refrigerator,Washer
  • Laundry features: In Unit

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Tile,Linoleum / Vinyl

Heating & Cooling

  • Heating features: Forced air
  • Cooling features: Central,Other

Interior Area

  • Total interior livable area: 1,360 sqft

Property

Details

  • Parcel number: 3031110150340

Features

  • Exterior features: Cement / Concrete
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 6,200 sqft

Parking

  • Total spaces: 4
  • Parking features: Carport

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance *$214$2,568
Property Taxes $999$11,988
Electricity $197$2,366
Total$4,317$51,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,011/yr
40% on housing$129,510/yr
45% on housing$115,120/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$423This listing

vs Other Active Listings

Avg $/sqft

ZIP 33147$249
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33147$360
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-08Listed for sale$600,000
2025-03-11Listing removed$1,950
2025-02-13Price change$1,950
2025-02-04Listed for rent$2,100
2025-01-30Listing removed$635,000
2024-12-02Price change$635,000
2024-08-15Listing removed$2,200
2024-08-07Listed for sale$650,000
2024-08-06Listed for rent$2,200
2024-07-21Listing removed--
2024-06-30Listed for rent$2,300
2024-03-25Listing removed--
2024-02-19Listed for rent$2,100
2023-07-28Listing removed--
2023-07-17Price change$1,800
2023-07-11Price change$1,900
2023-07-07Price change$2,000
2023-06-27Price change$2,100
2023-06-23Listed for rent$2,200
2023-04-20Listing removed--
2023-04-13Price change$2,200
2023-04-01Listed for rent$2,500
2022-10-09Listing removed--
2022-07-03Listed for sale$600,000
2021-10-14Sold$373,000
2019-10-30Sold$52,700
2019-07-31Sold$75,000

For Sale by Owner

AgentProperty Owner

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