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Corner Lot Duplex With Two Units
For Sale
$995,000

800 NW 29th Ter, Miami, FL 33127

MULTI_FAMILY - Miami, FL

Property Size1,814 SF
Lot Size0.20 Acres
Price / SF$548.51
Days on Market19

Property Features for 800 NW 29th Ter

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 5700
Bedrooms 6
Full bathrooms 3
Rooms Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 3
Parking 4
Patio and Porch features Patio
Exterior features Fence, Fruit Trees, Patio
Fencing Fenced
Subdivision BLVD PARK
Lot features < 1/4 Acre
Standard status Active
APN 01-31-26-009-0120
Size 1,814 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 26 53 41 BLVD PARK PB 7-55 LOT 11 LESS N120FT & LOT 12 BLK 1 LOT SIZE 8850 SQ FT OR 19347-4156 11 2000 4
Tax Annual Amount 10000
Legal Description 26 53 41 BLVD PARK PB 7-55 LOT 11 LESS N120FT & LOT 12 BLK 1 LOT SIZE 8850 SQ FT OR 19347-4156 11 2000 4

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1979
Floors in Building 1
Flooring type Tile - Ceramic, Laminate
Building materials Brick
Roof type Shingle
Listing Agency: Related General Realty, LLC.
Listed By: Moises Btesh · License #3500774
Added: Jul 18 Changed: Aug 5 Last Checked: Aug 5 at 10:06PM
MLS# A11979891

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 duplex on a corner lot features two units with individual utility meters. The building is constructed with brick and has tile and laminate flooring, electric heating with central HVAC, and central air. The home includes a patio, fenced exterior, and fruit trees. Public water and public sewer are available, and cable is available. A shingle roof supports the property, built in 1979, with interior rooms listed as six bedrooms and three bathrooms.

The property is located in Miami, FL, with walking-distance access described to Midtown, local art galleries, shopping, and popular eateries, and minutes to UM, Jackson Hospital, Downtown Miami, and the Design District. The duplex is zoned for multi family, which may be a consideration for future development, and the property is described as potentially suitable for an Airbnb or multi family rental.

Proof of funds must be presented with all offers.

Key Highlights

  • Zoned for multi family, with corner‑lot duplex layout
  • Corner lot totals 8,850 SF for maximum building potential
  • Two units with individual utility meters

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 $55.5k $30.60
− Vacancy −$3.5k −$1.95
EGI $52.0k $28.65
− OpEx −$15.6k −$8.60
NOI $36.4k $20.06
1,814 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$519.7K
$454.8K – $606.4K (±1% cap)
NOI $36,381 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$478.7K
$418.9K – $558.5K (±1% cap)
NOI $33,511 @ 7.0% cap · market cap 3.37%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,712 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,112
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex on a corner lot with two units, individual utility meters, and zoning for multi family use consideration.
Where is this duplex located?
The property is located at 800 NW 29th Ter Miami, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Zoned for multi family, with corner‑lot duplex layout; Corner lot totals 8,850 SF for maximum building potential; Two units with individual utility meters
More about this property
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