Fully Updated Duplex
For Sale
$749,900
Pending
1730 SW 72nd Ct, Miami, FL 33155
MULTI_FAMILY - Miami, FL
Property Size2,541 SF
Days on Market74
Property Features for 1730 SW 72nd Ct
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
0100
Parking
4
Subdivision
HARWOOD VILLAGE
Lot features
< 1/4 Acre
Standard status
Pending
APN
30-40-11-001-0670
Size
2,541 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
HARWOOD VILLAGE PB 50-35 LOT 17 BLK 3 LOT SIZE 101.800 X 100 OR 14820-85 1190 5 COC 24030-3928 12 2005 5
Tax Annual Amount
8686
Legal Description
HARWOOD VILLAGE PB 50-35 LOT 17 BLK 3 LOT SIZE 101.800 X 100 OR 14820-85 1190 5 COC 24030-3928 12 2005 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1950
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Manuel Arce · License #3357807
(954) 824-2064
Added: Jun 5
Changed: Jul 18
Last Checked: Aug 17 at 5:06PM
MLS# A12026815
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 fully updated duplex rental property is being offered in turn-key condition. The improvements include a new roof and solar panels, supporting an operational setup intended for immediate rental use. The property comprises 2,541 square feet.
The duplex is located at 1730 SW 72nd Ct in Miami, Florida 33155 (Miami-Dade County). Prospective purchasers should refer to broker remarks for any transaction-specific details, as the listing indicates cash or hard money only.
Additional information beyond the updates noted in the remarks, including unit configuration, finishes, and income details, is not provided in the listing materials here.
The duplex is located at 1730 SW 72nd Ct in Miami, Florida 33155 (Miami-Dade County). Prospective purchasers should refer to broker remarks for any transaction-specific details, as the listing indicates cash or hard money only.
Additional information beyond the updates noted in the remarks, including unit configuration, finishes, and income details, is not provided in the listing materials here.
Key Highlights
- Block construction
- Central heating and central air conditioning
- Tile flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,961
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,220
$1.0M
Cap Rate 7%
$728,014
$728.0K
Cap Rate 9%
$566,233
$566.2K
Market Conditions
NOI Build-Up for 2,541 SF
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.
Gross rent
$77.8K $30.60/SF
− Vacancy
−$5.0K −$1.95/SF
EGI
$72.8K $28.65/SF
− OpEx
−$21.8K −$8.60/SF
NOI
$51.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,019,220
Cap Rate 7%
$728,014
Cap Rate 9%
$566,233
Alternative Uses
Best Use
Multifamily LT 5
$728.0K
$637.0K – $849.4K
NOI $50,961 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$670.6K
$586.8K – $782.4K
NOI $46,941 @ 7.0% cap · market cap 6.26%
Theoretical Best
Specialty Retail
$1.72M
$1.50M – $2.00M
NOI $120,063 @ 7.0% cap · market cap 16.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,699
Businesses Nearby
Explore this area
Business Placement
Demographics for 33155, FL
43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully updated duplex with a new roof and solar panels, offered as a turn-key rental.
Where is this duplex located?
The property is located at 1730 SW 72nd Ct Miami, FL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Block construction; Central heating and central air conditioning; Tile flooring throughout
