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    Duplex with Up-to-8-Unit Zoning Title is generated by Realmo AI

    170 NE 68th Ter, Miami, FL 33138

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    Claim this Listing
    For Sale
    $515,000

    MULTI_FAMILY - Miami, FL

    Property size:
    1,376 SF
    Price / SF:
    $374/SF
    Added:
    Apr 6, 2026
    Days on Market:
    88
    Last Refresh:
    Jul 2 at 6:06 am

    Property Features for 170 NE 68th Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    2
    Standard status
    Active
    APN
    01-31-13-006-0660
    Size
    1,376 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    PRAMAR SUB PB 8-110 LOT 72 LESS N6FT FOR ST LOT SIZE 60.000 X 84 OR 20739-3312 10 2002 1 COC 23248-4106 03 2005 1
    Tax Annual Amount
    6984

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Electric

    Building Details

    Year built
    1954
    Floors in Building
    1
    Flooring type
    Tile - Ceramic
    Building materials
    Block
    Roof type
    Shingle

    We can help!

    Contact an agent
    Maria Barrera

    Listing agent Maria Barrera License #3353031

    Listing office Canvas Real Estate 2883 Executive Park Dr, Suite, Weston, FL

    Listing date Apr 6, 2026

    MLS# A11944653 Listing URL

    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.

    HighLights

    • Duplex featuring two 1‑bedroom, 1‑bath units
    • Zoned for up to 8 units
    • Built in 1954
    • Construction materials: block
    • Ceramic tile flooring
    • Public sewer and shingle roof

    Overview

    This for-sale duplex includes two 1-bedroom, 1-bath units, providing separate living quarters within a single property. The home totals 1,376 square feet and is positioned for buyers seeking either straightforward rental occupancy or a more flexible redevelopment approach. Zoning allows for up to 8 units, which can support planning for an expanded or reconfigured residential use while keeping the existing duplex in place as a starting point.

    The property is located at 170 NE 68th Ter in Miami, Florida 33138, within Miami-Dade County. The listing notes that the surrounding area is experiencing growth and increased investment activity, which may be relevant for owners considering a longer-term holding strategy or a future housing expansion.

    For tenants, this configuration can support multi-generational living or group occupancy depending on how the units are occupied. For buyers and operators, the two-unit setup offers immediate income potential, while the stated zoning capacity for up to 8 units provides a clear planning framework for future development. If you want to evaluate both the current duplex layout and the path toward an expanded residential footprint, this property is worth a closer look.

    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 $42.1k $30.60
    − Vacancy −$2.7k −$1.95
    EGI $39.4k $28.65
    − OpEx −$11.8k −$8.60
    NOI $27.6k $20.06
    1,376 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $394.2K
    $345.0K – $459.9K (±1% cap)
    NOI $27,596 @ 7.0% cap · market cap 5.36%
    Second Best
    Apartment 5plus
    $363.1K
    $317.7K – $423.7K (±1% cap)
    NOI $25,419 @ 7.0% cap · market cap 4.94%
    Theoretical Best
    Specialty Retail
    $928.8K
    $812.7K – $1.08M (±1% cap)
    NOI $65,017 @ 7.0% cap · market cap 12.62%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Allen's Lawncare Landscaping

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.192997
    Latitude
    25.837605

    FAQs

    What type of property is this?
    Duplex - Duplex offering two 1-bedroom, 1-bath units with zoning capacity for up to eight units.
    Where is this duplex located?
    The property is located at 170 NE 68th Ter Miami, FL.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: Duplex featuring two 1‑bedroom, 1‑bath units; Zoned for up to 8 units; Built in 1954
    More about this property
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