| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 80th | Best |
| Demographics | 16th | Poor |
| Amenities | 15th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 12140 SW 200th St, Miami, FL, 33177, US |
| Region / Metro | Miami |
| Year of Construction | 1973 |
| Units | 26 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
12140 SW 200th St Miami Multifamily Investment Opportunity
Neighborhood occupancy is strong and renter demand is supported by a larger-than-average renter concentration, according to WDSuite’s CRE market data. Stability in this inner-suburb location positions the asset for durable cash flow with potential value-add upside.
Located in Miami’s inner suburbs, the area shows occupancy at 97.2% for the neighborhood, which is competitive among Miami-Miami Beach-Kendall neighborhoods (rank 129 of 449) and in the top quartile nationally. For investors, that level of stability helps underpin leasing and renewals.
Renter-occupied housing accounts for a meaningful share of neighborhood units (44.1%), also competitive in the metro (rank 169 of 449). Combined with a high-cost ownership market (value-to-income ratio in the 91st percentile nationally), this supports depth of the tenant base and reinforces reliance on multifamily housing.
Local amenity density is limited relative to the metro (amenities rank 380 of 449), but park access is a relative strength with park coverage in the 92nd percentile nationally. Average school ratings in the neighborhood track below national peers, which may temper family-oriented demand but does not preclude workforce housing performance.
Within a 3-mile radius, households have grown while the overall population edged down slightly, indicating smaller household sizes and a shift toward more housing demand per resident. Forward-looking projections point to increases in households and incomes over the next five years, which can expand the renter pool and support occupancy stability, based on multifamily property research from WDSuite.
Vintage context: the average neighborhood construction year is 1994. The subject’s 1973 vintage suggests potential value-add and capital planning opportunities to elevate finishes, systems, and curb appeal against newer competitive stock.
Safety signals are mixed. The neighborhood’s overall crime rank sits below the metro median (rank 240 of 449), and safety stands below the national average (41st percentile). However, recent trend data shows momentum: estimated property offenses declined year over year, placing the improvement in the top quartile nationally.
For underwriting, this suggests monitoring conditions and emphasizing on-site management, lighting, and access controls, while recognizing that recent property-crime trends are moving in a favorable direction.
The employment base includes headquarters and major corporate offices within commuting distance, supporting renter demand and retention for workforce and professional tenants. The bullets highlight nearby roles in homebuilding, energy distribution, logistics, and healthcare.
- Lennar — homebuilding HQ (13.5 miles) — HQ
- World Fuel Services — energy distribution (16.0 miles) — HQ
- Ryder System — logistics/transportation (19.8 miles) — HQ
- Mosaic — fertilizer/chemicals (22.9 miles)
- Johnson & Johnson — healthcare/pharma (23.0 miles)
12140 SW 200th St offers durable occupancy fundamentals in an inner-suburb location where the neighborhood’s renter concentration and high-cost ownership landscape help sustain multifamily demand. According to CRE market data from WDSuite, neighborhood occupancy ranks competitively within the Miami-Miami Beach-Kendall metro and sits in the top quartile nationally, reinforcing the case for steady lease-up and retention.
The 1973 vintage is older than the neighborhood average, pointing to value-add potential and targeted capital planning to sharpen competitive positioning versus newer stock. Within a 3-mile radius, recent gains in households alongside stable-to-rising income trends, plus projections for further household growth, indicate a larger tenant base that can support pricing and occupancy over the medium term. Key watch items include modest amenity density, below-average school ratings, and safety signals that trend mixed but show improving property-crime momentum.
- Competitive neighborhood occupancy supports leasing stability
- Renter concentration and high ownership costs reinforce rental demand
- 1973 vintage enables value-add and capex-driven upside
- 3-mile household growth and rising incomes expand the tenant base
- Risks: lighter amenity density, below-average schools, and mixed but improving safety trends