Adjacent Duplex Portfolio
470 NW 26th Ave Miami, FL 33125
470 NW 26th Ave, Miami, FL, 33125
$1,425,000
For Sale
$1,425,000
MULTI_FAMILY - Miami, FL
Property Size2,135 SF
Price / SF$667.45
Days on Market211
Property Features for 470 NW 26th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
- Parking
- 6
- Standard status
- Active
- APN
- 01-41-03-032-0111
- Size
- 2,135 SF
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- HIGH POINT PB 4-151 LOT 18 LOT SIZE 50.000 X 140 OR 19542-3848 02 2001 4
- Tax Annual Amount
- 8597
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Building materials
- Block, Frame
Listing agency
Beachfront Realty Inc
(305) 405-0615
Listed by
Jeffrey Stone · License #0605746
(786) 286-0986
Added: Dec 23, 2025 Updated: Jul 18 at 1:37AM Checked: Jul 22 at 7:06AM
MLS# A11618158
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 sale package includes two adjacent duplex properties offered together for one purchase. The offering is for both duplexes as a combined investment, with the adjacent duplex identified as 01-4. The properties are currently configured and operated as residential income duplex units.
The subject properties are located at 470 NW 26th Ave in Miami, Florida (Miami-Dade County), and the current zoning is noted as general duplexes supporting 2 to 9 units. The owner encourages prospective buyers to drive by for inspection, and tenants are in place, so access should be coordinated accordingly.
For buyers seeking a duplex-oriented income portfolio, this structure provides a straightforward package format with two adjacent buildings tied to the same transaction. The listed zoning parameters may support general duplex use within the 2-9 unit range, offering a practical framework for an owner-operator or investor looking for duplex assets in one combined acquisition. Interested parties should review the on-site configuration and tenancy arrangements during their due diligence.
The subject properties are located at 470 NW 26th Ave in Miami, Florida (Miami-Dade County), and the current zoning is noted as general duplexes supporting 2 to 9 units. The owner encourages prospective buyers to drive by for inspection, and tenants are in place, so access should be coordinated accordingly.
For buyers seeking a duplex-oriented income portfolio, this structure provides a straightforward package format with two adjacent buildings tied to the same transaction. The listed zoning parameters may support general duplex use within the 2-9 unit range, offering a practical framework for an owner-operator or investor looking for duplex assets in one combined acquisition. Interested parties should review the on-site configuration and tenancy arrangements during their due diligence.
Key Highlights
- 2 adjacent duplexes being sold together as a package on a total 14,000 sq ft of land
- Includes both duplexes: adjacent duplex 01‑4 identified in the offering details
- Current zoning: general duplexes (2–9 units)
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 | $65.3k | $30.60 |
| − Vacancy | −$4.2k | −$1.95 |
| EGI | $61.2k | $28.65 |
| − OpEx | −$18.4k | −$8.60 |
| NOI | $42.8k | $20.06 |
2,135 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$611.7K
$535.2K – $713.7K
NOI $42,819 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$563.4K
$493.0K – $657.4K
NOI $39,441 @ 7.0% cap · market cap 2.77%
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,880 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two adjacent duplexes are offered together for a long-term hold, under zoning allowing general duplex configurations.
Where is this duplex located?
The property is located at 470 NW 26th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: 2 adjacent duplexes being sold together as a package on a total 14,000 sq ft of land; Includes both duplexes: adjacent duplex 01‑4 identified in the offering details; Current zoning: general duplexes (2–9 units)
