Frame Duplex with Long-Term
474 NW 26th Ave Miami, FL 33125
474 NW 26th Ave, Miami, FL, 33125
$600,000
For Sale
$600,000
MULTI_FAMILY - Miami, FL
Property Size1,404 SF
Price / SF$427.35
Days on Market98
Property Features for 474 NW 26th Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Parking
- 3
- Standard status
- Active
- APN
- 01-41-03-032-0110
- Size
- 1,404 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HIGH POINT PB 4-151 LOT 17 LOT SIZE 50.000 X 140 OR 19542-3848 02 2001 4
- Tax Annual Amount
- 7803
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1948
- Floors in Building
- 1
- Building materials
- Frame, Stucco
Listing agency
Beachfront Realty Inc
(305) 405-0615
Listed by
Jeffrey Stone · License #0605746
(786) 286-0986
Added: Apr 16 Updated: Jul 18 at 1:37AM Checked: Jul 22 at 4:06PM
MLS# A11999633
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 for-sale duplex features a frame structure. The property is currently occupied by two long-term tenants. The listing notes that rents and unit details are not fully known by the owner offhand, so buyers should plan to verify income and condition during their due diligence.
The property is located at 474 NW 26th Ave in Miami, FL 33125. The remarks indicate there are no scheduled showings currently, and access is limited to drive-by review only until a contract is in place, at which time the owner will arrange a showing for prospective buyers.
As presented, this is a residential income property with two existing units and established tenancy, offering an occupied purchase that will require buyer confirmation of unit-specific information.
The property is located at 474 NW 26th Ave in Miami, FL 33125. The remarks indicate there are no scheduled showings currently, and access is limited to drive-by review only until a contract is in place, at which time the owner will arrange a showing for prospective buyers.
As presented, this is a residential income property with two existing units and established tenancy, offering an occupied purchase that will require buyer confirmation of unit-specific information.
Key Highlights
- Duplex built in 1948 with frame and stucco construction
- Public water and public sewer connected
- Cooling provided via wall/window unit(s)
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 | $43.0k | $30.60 |
| − Vacancy | −$2.7k | −$1.95 |
| EGI | $40.2k | $28.65 |
| − OpEx | −$12.1k | −$8.60 |
| NOI | $28.2k | $20.06 |
1,404 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$402.3K
$352.0K – $469.3K
NOI $28,158 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$370.5K
$324.2K – $432.3K
NOI $25,937 @ 7.0% cap · market cap 4.32%
Theoretical Best
Specialty Retail
$947.7K
$829.3K – $1.11M
NOI $66,340 @ 7.0% cap · market cap 11.06%
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 - For sale duplex in Miami, built with a frame structure and occupied by long-term tenants.
Where is this duplex located?
The property is located at 474 NW 26th Ave Miami, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Duplex built in 1948 with frame and stucco construction; Public water and public sewer connected; Cooling provided via wall/window unit(s)
