Tenant-Occupied Duplex Income
3675 NW 5th St Miami, FL 33125
3675 NW 5th St, Miami, FL, 33125
$679,000
For Sale
Under Contract
$679,000
MULTI_FAMILY - Miami, FL
Property Size1,970 SF
Price / SF$344.67
Days on Market10
Property Features for 3675 NW 5th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 3
- Parking
- 4
- Standard status
- Active Under Contract
- APN
- 01-41-04-023-0090
- Size
- 1,970 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 4 54 41 TWELFTH STREET MANORS PB 5-59 LOTS 9 & 12 BLK 2 LOT SIZE 50.000 X 105
- Tax Annual Amount
- 8973
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Tile
Listing Agency
Keller Williams Capital Realty
(305) 662-7325
550 Biltmore Way PH2, Coral Gables, FL
Listed by
Wendy Read · License #3164003
(305) 773-5935
Added: Jul 9 Checked: Jul 18 at 4:06 pm
MLS# A11993074
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.
Investment Insights
Based on property information with market context.
This income-producing duplex includes an additional efficiency unit and is currently tenant-occupied with long-term tenants in place. The property also has two separate FPL meters, supporting independent electric service for the units.
The duplex is located in a central Miami area near transportation, shopping, and major roadways.
The duplex is located in a central Miami area near transportation, shopping, and major roadways.
Key Highlights
- Income‑producing duplex with additional efficiency; tenant‑occupied with long‑term tenants in place
- 2 separate FPL meters
- Public utilities: public water and public sewer
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 | $60.3k | $30.60 |
| − Vacancy | −$3.8k | −$1.95 |
| EGI | $56.4k | $28.65 |
| − OpEx | −$16.9k | −$8.60 |
| NOI | $39.5k | $20.06 |
1,970 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$564.4K
$493.9K – $658.5K
NOI $39,509 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$519.9K
$454.9K – $606.6K
NOI $36,393 @ 7.0% cap · market cap 5.36%
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M
NOI $93,083 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Tenant-occupied duplex with an additional efficiency unit and two separate FPL meters.
Where is this duplex located?
The property is located at 3675 NW 5th St Miami, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Income‑producing duplex with additional efficiency; tenant‑occupied with long‑term tenants in place; 2 separate FPL meters; Public utilities: public water and public sewer
