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Duplex Property with Multiple Units
For Sale
$509,000

1111 NW 26th St, Miami, FL 33127

Residential Income, Miami, FL

Property Size1,617 SF
Price / SF$314.78
Days on Market93

Property Features for 1111 NW 26th St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 5700
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 1, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 1
Parking 4
Subdivision BON AIRE
Lot features < 1/4 Acre
Standard status Active
APN 01-31-26-051-0662
Size 1,617 SF

Taxes and HOA fees

Tax Year 2026
Tax Description BON AIRE PB 7-12 LOT 15 & E1/2 LOT 16 BLK 4 LOT SIZE 75.00 X 100.00 OR 10680-1571 0380 1
Tax Annual Amount 9527
Legal Description BON AIRE PB 7-12 LOT 15 & E1/2 LOT 16 BLK 4 LOT SIZE 75.00 X 100.00 OR 10680-1571 0380 1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 1930
Floors in Building 1
Flooring type Tile
Building materials Frame, Stucco
Roof type Shingle
Listing Agency: Certezza Realty LLC
Listed By: Juan Arreaza Bustamante · License #3461354
Added: Jul 8 Changed: Sep 15 Last Checked: Oct 8 at 3:06PM
MLS# A12009307

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 1,617-square-foot residential income property, built in 1930, is configured with a three-bedroom, one-bath main residence, a two-bedroom, two-bath unit, and a one-bedroom, one-bath efficiency. The improvements feature frame and stucco construction, tile flooring, shingle roofing, and window or wall/window cooling units.

The property is located at 1111 NW 26th St in Miami, with a second address identified as 1113 NW 26th St. Public sewer service is in place, and cable is available. The property is classified as a duplex asset and includes multiple residential components within the reported configuration.

Key Highlights

  • 1,617 SF residential income property built in 1930
  • Reported layout includes a 3‑bedroom, 1‑bath main home
  • Additional units include 2 bedrooms and 2 baths, plus a 1‑bedroom, 1‑bath efficiency

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,430
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,600 $648.6K
Cap Rate 7%
$463,286 $463.3K
Cap Rate 9%
$360,333 $360.3K
Market Conditions
NOI Build-Up for 1,617 SF
Gross rent
$49.5K $30.60/SF
− Vacancy
−$3.2K −$1.95/SF
EGI
$46.3K $28.65/SF
− OpEx
−$13.9K −$8.60/SF
NOI
$32.4K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$648,600
Cap Rate 7%
$463,286
Cap Rate 9%
$360,333

Alternative Uses

Best Use
Multifamily LT 5
$463.3K
$405.4K – $540.5K (±1% cap)
NOI $32,430 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$426.7K
$373.4K – $497.9K (±1% cap)
NOI $29,871 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$1.09M
$955.1K – $1.27M (±1% cap)
NOI $76,404 @ 7.0% cap · market cap 15.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Electrical Service Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,850
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Multi-unit residential property with tile flooring, window cooling, and public sewer service.
Where is this duplex located?
The property is located at 1111 NW 26th St Miami, FL.
What is the asking price?
The asking price for this property is $509,000.
What are key features of this property?
This property features: 1,617 SF residential income property built in 1930; Reported layout includes a 3‑bedroom, 1‑bath main home; Additional units include 2 bedrooms and 2 baths, plus a 1‑bedroom, 1‑bath efficiency
More about this property
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