Two-Unit Duplex with Gated
For Sale
$599,000
Pending
10140 NW 26th Avenue, Miami, FL 33147
Separate front and rear residences provide distinct layouts, with the rear unit remodeled to include updated flooring, windows, and doors.
Property Size1,798 SF
Days on Market28
Property Features for 10140 NW 26th Avenue
General Information
Standard status
Pending
Size
1,798 SF
Total Parking Spaces
8
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
impact windows and doors
tile flooring
granite countertops
fully fenced with electric gate
Building Details
Year Built
1965
Listing Agency:
Realty One Group Evolution
(786) 477-4715
Listed By:
Noriel Gonzalez Exposito · License #3432165
(786) 562-4090
Source:
Lehmannflorida
Added: Sep 9
Changed: Oct 4
Last Checked: Oct 5 at 6:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Evolution
Investment Insights
Based on property information with market context.
Built in 1965, this 1,798-square-foot duplex contains two separate residences. The front unit has 3 bedrooms and 2 bathrooms; the rear unit has 1 bedroom and 1 bathroom. Updates to the rear include flooring, windows, and doors. Tile flooring runs throughout, and the kitchen features granite countertops. Impact-resistant windows and doors and a 2017 roof are also noted.
The property has well water and a septic tank. A perimeter fence and electric gate enclose the site, with parking for up to 8 vehicles. There are no neighbors behind the property.
The property has well water and a septic tank. A perimeter fence and electric gate enclose the site, with parking for up to 8 vehicles. There are no neighbors behind the property.
Key Highlights
- Two‑unit layout: front residence has 3 bedrooms and 2 bathrooms; rear residence has 1 bedroom and 1 bathroom
- 1,798 square feet; built in 1965
- Rear unit updated with new flooring, windows, and doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,060
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,200
$721.2K
Cap Rate 7%
$515,143
$515.1K
Cap Rate 9%
$400,667
$400.7K
Market Conditions
NOI Build-Up for 1,798 SF
Gross rent
$55.0K $30.60/SF
− Vacancy
−$3.5K −$1.95/SF
EGI
$51.5K $28.65/SF
− OpEx
−$15.5K −$8.60/SF
NOI
$36.1K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,200
Cap Rate 7%
$515,143
Cap Rate 9%
$400,667
Alternative Uses
Best Use
Multifamily LT 5
$515.1K
$450.8K – $601.0K
NOI $36,060 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$474.5K
$415.2K – $553.6K
NOI $33,215 @ 7.0% cap · market cap 5.55%
Theoretical Best
Specialty Retail
$1.21M
$1.06M – $1.42M
NOI $84,956 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
Explore this area
Business Placement
Demographics for 33147, FL
48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate front and rear residences provide distinct layouts, with the rear unit remodeled to include updated flooring, windows, and doors.
Where is this duplex located?
The property is located at 10140 NW 26th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑unit layout: front residence has 3 bedrooms and 2 bathrooms; rear residence has 1 bedroom and 1 bathroom; 1,798 square feet; built in 1965; Rear unit updated with new flooring, windows, and doors
