Two-Story
For Sale
$1,250,000
394 NE 174th St, North Miami Beach, FL 33162
Residential Income, North Miami Beach, FL
Property Size2,300 SF
Price / SF$543.48
Days on Market70
Property Features for 394 NE 174th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning description
5700
Bedrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 4
Subdivision
SEABOARD PARK
Lot features
< 1/4 Acre
Standard status
Active
APN
07-22-07-007-1040
Size
2,300 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
SEABOARD PARK PB 14-31 LOTS 12 & 13 BLK 20 LOT SIZE 50.000 X 101 OR 21833-2601 1103 2
Tax Annual Amount
4481
Legal Description
SEABOARD PARK PB 14-31 LOTS 12 & 13 BLK 20 LOT SIZE 50.000 X 101 OR 21833-2601 1103 2
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2026
Floors in Building
2
Flooring type
Tile - Ceramic
Building materials
Block
Listing Agency:
Capital Brokers, LLC. · Century 21 Real Estate
(305) 933-1242
Listed By:
Daniel Munoz · License #3156091
(305) 409-6334
Added: Jul 31
Changed: Sep 16
Last Checked: Oct 8 at 9:06AM
MLS# A12062730
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 two-story duplex is under construction and measures 2,300 square feet. Each of the two units provides 1,116 square feet with two bedrooms and one-and-a-half bathrooms. Block construction, ceramic tile flooring, central heating, central air, and public sewer service are specified, with completion identified for 2026.
The property is at 394 NE 174th St in North Miami Beach, Florida 33162. The surrounding area includes retail centers, restaurants, parks, entertainment, and access to major highways and nearby beaches.
The property is at 394 NE 174th St in North Miami Beach, Florida 33162. The surrounding area includes retail centers, restaurants, parks, entertainment, and access to major highways and nearby beaches.
Key Highlights
- Two‑story duplex under construction, with completion identified for 2026
- 2,300 square feet across two residential units
- Each unit offers 1,116 sq. ft., 2 bedrooms, and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,341
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,820
$766.8K
Cap Rate 7%
$547,729
$547.7K
Cap Rate 9%
$426,011
$426.0K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$58.0K $25.20/SF
− Vacancy
−$3.2K −$1.39/SF
EGI
$54.8K $23.81/SF
− OpEx
−$16.4K −$7.14/SF
NOI
$38.3K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,820
Cap Rate 7%
$547,729
Cap Rate 9%
$426,011
Alternative Uses
Best Use
Multifamily LT 5
$547.7K
$479.3K – $639.0K
NOI $38,341 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$505.3K
$442.2K – $589.5K
NOI $35,372 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,682 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,220
Businesses Nearby
Explore this area
Business Placement
Demographics for 33162, FL
45,277
Population
16,719
Households
2.7
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$55,993
Median Household Income
$31,848
Median Earnings
$1,535
Median Rent
$345,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Each residence includes two bedrooms and one-and-a-half bathrooms.
Where is this duplex located?
The property is located at 394 NE 174th St North Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑story duplex under construction, with completion identified for 2026; 2,300 square feet across two residential units; Each unit offers 1,116 sq. ft., 2 bedrooms, and 1.5 bathrooms
