New Construction
1840 NW 63rd St Miami, FL 33147
For Sale
$769,900
MULTI_FAMILY - Miami, FL
Property Size2,032 SF
Price / SF$378.89
Days on Market36
Property Features for 1840 NW 63rd St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Rooms
Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 1
Parking
2
Standard status
Active
APN
30-31-15-005-3770
Size
2,032 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
LIBERTY CITY PB 7-79 LOT 9 BLK 14 LOT SIZE 3600 SQFT M/L
Tax Annual Amount
2797
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
Keller Williams Eagle Realty
(305) 757-1700
Listed By:
Ivan Rabinovich · License #3276152
(305) 803-0894
Added: Jun 24
Changed: Jul 28
Last Checked: Jul 29 at 7:06AM
MLS# A12019657
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.
New construction duplex featuring two separate 3-bedroom, 2-bath units with modern finishes. Each unit includes its own tankless water heater and a dedicated laundry closet. The property also has impact windows and new stainless steel appliances, with 2 parking spaces per unit.
Situated at 1840 NW 63rd St in Miami, FL (33147), the listing notes a central location minutes from Brickell, Downtown, Wynwood, and Miami Beach. The property is described as AirBnB/short-term rental approved.
Offered for sale, the home is positioned for either renting both units or living in one unit while renting the other, with lender credits noted for qualifying occupant buyers.
Situated at 1840 NW 63rd St in Miami, FL (33147), the listing notes a central location minutes from Brickell, Downtown, Wynwood, and Miami Beach. The property is described as AirBnB/short-term rental approved.
Offered for sale, the home is positioned for either renting both units or living in one unit while renting the other, with lender credits noted for qualifying occupant buyers.
Key Highlights
- New construction duplex (year built 2026) with block construction and tile flooring throughout
- Two 3‑bedroom/2‑bath units; each unit includes a tankless water heater and a laundry closet
- Impact windows designed to reduce insurance costs
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 | $62.2k | $30.60 |
| − Vacancy | −$4.0k | −$1.95 |
| EGI | $58.2k | $28.65 |
| − OpEx | −$17.5k | −$8.60 |
| NOI | $40.8k | $20.06 |
2,032 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$582.2K
$509.4K – $679.2K
NOI $40,753 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$536.3K
$469.2K – $625.6K
NOI $37,538 @ 7.0% cap · market cap 4.88%
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.60M
NOI $96,013 @ 7.0% cap · market cap 12.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - New duplex with two 3-bedroom, 2-bath units, each with its own tankless water heater and laundry closet.
Where is this duplex located?
The property is located at 1840 NW 63rd St Miami, FL.
What is the asking price?
The asking price for this property is $769,900.
What are key features of this property?
This property features: New construction duplex (year built 2026) with block construction and tile flooring throughout; Two 3‑bedroom/2‑bath units; each unit includes a tankless water heater and a laundry closet; Impact windows designed to reduce insurance costs
