NEW SILVER CREST
2416 SW 12th St, Miami FL 33135
2,588 ft²
$965,000
Est. Payment $5,136/mo
2,588
Sq. Ft.
1938
Year Built
1
Stories
9
Days on Market
Description
Exceptional income-producing opportunity in the rapidly appreciating Shenandoah neighborhood. This well-maintained multi-unit property sits on a charming, tree-lined street and features three residences: a 4BR/2BA, 2BR/1BA, and a separate 1BR/1BA cottage, common laundry. The current owner has invested over $80,000 in thoughtful upgrades, including updated kitchens, cabinetry, and appliances. Each unit offers separate meters, A/C, and fully equipped kitchens, enhancing tenant appeal and operational efficiency. Generating $6,050 in gross monthly income, the property also includes on-site laundry, ample parking, and a spacious shared backyard. Ideally located near Coral Gables, Brickell, Downtown, and MIA.
Facts
- MLS#
- A11998164
- Subdivision
- NEW SILVER CREST
- Property Type
- Residential Income
- Property Sub Type
- Triplex
- Year Built
- 1938
- Lot Size
- 0 sqft
- Sq. Ft.
- 2,588 ft²
- Sq. Mt.
- 240 m²
- Price per sq. ft.
- $373/ft²
- Price per sq. mt.
- $4,021/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 9 days
- Listed
- Apr 9, 2026
- Last Updated
- Apr 18, 2026
- Price/Lot Sq.Ft.
- —
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
38
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 4/9/2026 | Listed for sale | $965,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Montessori Ivy LeagueKG · private · 0.7 mi
Montessori Ivy League SchoolPK,KG · private · 0.8 mi
Lakeside Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.0 mi
Coconut Palm Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.0 mi
Walter C. Young Middle School6,7,8 · public · 1.0 mi
Palm Cove Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.4 mi
Charles W Flanagan High School9,10,11,12 · public · 1.4 mi
Silver Palms Elementary SchoolPK,KG,1,2,3,4,5 · public · 2.0 mi
City Of Pembroke Pines Charter SchoolKG,1,2,3,4,5 · charter · 2.1 mi
Pembroke Lakes Elementary SchoolPK,KG,1,2,3,4,5 · public · 2.2 mi
Estimated Monthly Payment
$6,090/mo
Principal & Interest
$5,136
Property Tax
$804
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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