Duplex with New
For Sale
$760,000
Miami, FL 33138, Miami, FL 33138
MULTI_FAMILY - Miami, FL
Property Size1,811 SF
Price / SF$419.66
Days on Market57
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
6107
Bedrooms
3
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 2
Parking
5
Subdivision
PRAMAR
Lot features
< 1/4 Acre
Standard status
Active
APN
01-31-13-006-0620
Size
1,811 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
13 53 41 PRAMAR SUB PB 8-110 LOT 68 LESS N6FT FOR ST LOT SIZE 60.000 X 84 OR 17500-3742 0197 1
Tax Annual Amount
3834
Legal Description
13 53 41 PRAMAR SUB PB 8-110 LOT 68 LESS N6FT FOR ST LOT SIZE 60.000 X 84 OR 17500-3742 0197 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1960
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
United Realty Group, Inc
(954) 450-2000
Listed By:
Gertrude Joseph · License #3375739
(786) 285-6156
Added: Jun 6
Changed: Jul 29
Last Checked: Aug 1 at 6:06AM
MLS# A11870457
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.
Duplex in Miami built in 1960, constructed with block and finished with tile flooring. The property is owner occupied and includes central heating and central air for year-round comfort.
Recent improvements include a brand-new roof and hurricane impact windows. The roof is identified as shingle. Plumbing is described as up to date, and the duplex is serviced by public sewer with cable available.
The property is positioned in a historic neighborhood near the Design District and is described as about 20 minutes from Miami Beach.
Recent improvements include a brand-new roof and hurricane impact windows. The roof is identified as shingle. Plumbing is described as up to date, and the duplex is serviced by public sewer with cable available.
The property is positioned in a historic neighborhood near the Design District and is described as about 20 minutes from Miami Beach.
Key Highlights
- Owner‑occupied duplex in Miami
- Brand‑new roof
- Hurricane impact windows
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 | $55.4k | $30.60 |
| − Vacancy | −$3.5k | −$1.95 |
| EGI | $51.9k | $28.65 |
| − OpEx | −$15.6k | −$8.60 |
| NOI | $36.3k | $20.06 |
1,811 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$518.9K
$454.0K – $605.4K
NOI $36,321 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$477.9K
$418.2K – $557.6K
NOI $33,455 @ 7.0% cap · market cap 4.40%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.43M
NOI $85,571 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13,901
Businesses Nearby
Explore this area
Business Placement
Demographics for 33138, FL
27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
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 - Owner-occupied duplex with brand-new roof, hurricane impact windows, tile flooring, and central HVAC.
Where is this duplex located?
The property is located at Miami, FL.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Owner‑occupied duplex in Miami; Brand‑new roof; Hurricane impact windows
