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Corner Duplex with Two Parking Spaces

Miami, FL 33135 Miami, FL 33135

Miami, FL, 33135
$850,000
For Sale
$850,000

MULTI_FAMILY - Miami, FL

Property Size1,410 SF
Price / SF$602.84
Days on Market53

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
Parking
4
Standard status
Active
APN
01-41-04-014-0111
Size
1,410 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
LOQUAT FARM PB 16-26 LOT 12 BLK 1 & S1/2 OF ALLEY LYG N & ADJ CLOSED PER ORD 13492 LOT SIZE 6510 SQ FT M/L COC 25390-3412 01 2007 5
Tax Annual Amount
7847

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1952
Floors in Building
1
Building materials
Block
Listing agency Real Estate Sales Force
Listed by Ismaris Texidor · License #3170107
Added: May 31 Updated: Jul 18 at 1:39AM Checked: Jul 22 at 2:06PM
MLS# A11938592

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 is situated on a corner lot and configured as two separate units. Both units are currently occupied on a month-to-month basis, and the property is being sold as-is, where-is, with no warranties expressed or implied. The listing also notes flexibility for a new owner to adjust or renovate as needed.

The property is described as located in a Qualified Opportunity Zone (QOZ). The remarks further state it is within walking distance to Versailles and La Carreta, and about five minutes from Brickell, Coral Gables, and MIA. Parking is addressed as two designated spaces per unit, plus additional street parking, and the property is noted as zoned 5700/Duplexes.

For tenants, owner-occupants, and investors seeking a duplex structure with current in-place occupancy, this setup offers straightforward unit separation and parking for each unit. The month-to-month occupancy may provide continuity while allowing an owner to plan for future updates. Buyers are advised to independently verify all measurements, zoning information, and property details.

Key Highlights

  • Duplex on a corner lot built in 1952 with block construction
  • Central heating and central A/C in the duplex
  • Both units are currently occupied on a month‑to‑month basis

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 $43.1k $30.60
− Vacancy −$2.7k −$1.95
EGI $40.4k $28.65
− OpEx −$12.1k −$8.60
NOI $28.3k $20.06
1,410 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$404.0K
$353.5K – $471.3K (±1% cap)
NOI $28,278 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$372.1K
$325.6K – $434.1K (±1% cap)
NOI $26,047 @ 7.0% cap · market cap 3.06%
Theoretical Best
Specialty Retail
$951.8K
$832.8K – $1.11M (±1% cap)
NOI $66,623 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Duplex on a corner lot with both units occupied month-to-month and two designated parking spaces per unit.
Where is this duplex located?
The property is located at Miami, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Duplex on a corner lot built in 1952 with block construction; Central heating and central A/C in the duplex; Both units are currently occupied on a month‑to‑month basis
Contact an agent
More about this property
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