Turnkey Renovated
1102 NW 103rd St Miami, FL 33150
New
1102 NW 103rd St, Miami, FL, 33150
$699,999
For Sale
$699,999
MULTI_FAMILY - Miami, FL
Property Size2,195 SF
Price / SF$318.91
Days on Market6
Property Features for 1102 NW 103rd St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Rooms
- Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2
- Parking
- 4
- Patio and Porch features
- Patio
- Exterior features
- Patio
- Standard status
- Active
- APN
- 30-31-02-007-0010
- Size
- 2,195 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 2ND RESUB N SILVER CREST PB 40-24 LOT 1 BLK 1 LOT SIZE 75.000 X 102 OR 18829-2281 1099 1
- Tax Annual Amount
- 10594
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Ceiling Fan(s), Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1945
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
Listing agency
The Keyes Company
(954) 475-9813
Listed by
Kelvin Ching · License #3298166
(954) 249-8129
Added: Jul 18 Updated: Jul 21 at 7:25PM Checked: Jul 23 at 4:06AM
MLS# A12047050
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turnkey renovated triplex features modern finishes, stainless steel appliances, and updated bathrooms across its three units. The seller reports that all violations have been cleared, supporting a straightforward purchase for an investor seeking ready-to-operate income. The property is listed with total monthly income of $6,675.
The triplex sits on a corner lot and is located within a federally designated Opportunity Zone. The address is 1102 NW 103rd St, Miami, FL 33150, in Miami-Dade County.
Offered for sale in “as-is/where-is” condition per the provided remarks, this property presents a single asset investment configuration with three residential units.
The triplex sits on a corner lot and is located within a federally designated Opportunity Zone. The address is 1102 NW 103rd St, Miami, FL 33150, in Miami-Dade County.
Offered for sale in “as-is/where-is” condition per the provided remarks, this property presents a single asset investment configuration with three residential units.
Key Highlights
- Triplex built in 1945 with block construction
- Total monthly income reported as $6,975
- Appraised value on May 20, 2025: $865,000
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.2k | $30.60 |
| − Vacancy | −$4.3k | −$1.95 |
| EGI | $62.9k | $28.65 |
| − OpEx | −$18.9k | −$8.60 |
| NOI | $44.0k | $20.06 |
2,195 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$628.9K
$550.3K – $733.7K
NOI $44,022 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$579.3K
$506.9K – $675.8K
NOI $40,549 @ 7.0% cap · market cap 5.79%
Theoretical Best
Specialty Retail
$1.48M
$1.30M – $1.73M
NOI $103,715 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Turnkey triplex with modern finishes and total monthly income of $6,675, located on a corner lot.
Where is this triplex located?
The property is located at 1102 NW 103rd St Miami, FL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Triplex built in 1945 with block construction; Total monthly income reported as $6,975; Appraised value on May 20, 2025: $865,000
