Triplex With Detached 1/1
For Sale
$875,000
30 NW 50th St, Miami, FL 33127
Residential Income, Miami, FL
Property Size2,228 SF
Price / SF$392.73
Days on Market11
Property Features for 30 NW 50th St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
0104
Bedrooms
5
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3
Parking
7
Subdivision
PULLMAN PK
Lot features
< 1/4 Acre
Standard status
Active
APN
01-31-24-014-0021
Size
2,228 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
PULLMAN PARK PB 3-184 LOT 4 BLK 1 LOT SIZE SITE VALUE OR 13523-1940 1287 1
Tax Annual Amount
6400
Legal Description
PULLMAN PARK PB 3-184 LOT 4 BLK 1 LOT SIZE SITE VALUE OR 13523-1940 1287 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Electric, Central Air
Building Details
Year built
1926
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Shingle
Listing Agency:
Related General Realty, LLC.
(305) 932-6365
Listed By:
Jaime Calderon · License #3508312
(305) 240-8089
Added: Aug 26
Changed: Sep 5
Last Checked: Sep 5 at 10:06PM
MLS# A12075847
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 2,228-square-foot triplex property includes a duplex configured with four bedrooms and two bathrooms, along with a fully detached one-bedroom, one-bathroom unit. One duplex residence has central A/C, while the independent unit has a 2024 shingle roof. Block construction, ceramic tile flooring, electric cooling, cable availability, and public sewer service are also included. Built in 1926, the property offers three residential units within two structures.
The property is located in Miami, with the Miami Design District approximately 4 minutes away, Wynwood about 6 minutes away, and Miami International Airport and the Port of Miami each approximately 14 minutes away. Major highways, restaurants, shopping, entertainment, and surrounding Miami neighborhoods are identified as nearby amenities and access points.
The property is located in Miami, with the Miami Design District approximately 4 minutes away, Wynwood about 6 minutes away, and Miami International Airport and the Port of Miami each approximately 14 minutes away. Major highways, restaurants, shopping, entertainment, and surrounding Miami neighborhoods are identified as nearby amenities and access points.
Key Highlights
- 2,228‑square‑foot triplex property with three residential units
- Duplex includes 4 bedrooms and 2 bathrooms
- Detached unit provides 1 bedroom and 1 bathroom
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
$44,684
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
5.11%
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%
$893,680
$893.7K
Cap Rate 7%
$638,343
$638.3K
Cap Rate 9%
$496,489
$496.5K
Market Conditions
NOI Build-Up for 2,228 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
$68.2K $30.60/SF
− Vacancy
−$4.3K −$1.95/SF
EGI
$63.8K $28.65/SF
− OpEx
−$19.2K −$8.60/SF
NOI
$44.7K $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%
$893,680
Cap Rate 7%
$638,343
Cap Rate 9%
$496,489
Alternative Uses
Best Use
Multifamily LT 5
$638.3K
$558.6K – $744.7K
NOI $44,684 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$588.0K
$514.5K – $686.0K
NOI $41,159 @ 7.0% cap · market cap 4.70%
Theoretical Best
Specialty Retail
$1.50M
$1.32M – $1.75M
NOI $105,274 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,256
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Two structures provide a four-bedroom duplex and a separate one-bedroom residence.
Where is this triplex located?
The property is located at 30 NW 50th St Miami, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 2,228‑square‑foot triplex property with three residential units; Duplex includes 4 bedrooms and 2 bathrooms; Detached unit provides 1 bedroom and 1 bathroom
