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Renovated Duplex

10380 SW 173rd St, Miami, FL 33157

For Sale
New
$599,999

Separate water meters and a four-vehicle driveway support the property's two-unit configuration.

Property Size1,352 SF
Days on Market7

Property Features for 10380 SW 173rd St

General Information

Standard status Active
Size 1,352 SF
Total Parking Spaces 4
Property subtype Duplex

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Multifamily Units 2
Individually Metered Utilities water

Taxes and HOA fees

Annual Taxes $6,511

Amenities

fully fenced yard

Building Details

Building Size 1,352 SF
Year Built 1959
Year Renovated 2024
Buildings 1
Listing Agency: Miami Brokers Group
Listed By: Osmany Mena · License FL #3245492
Source: Miamibrokersgroup
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 10 at 2:32PM

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 Miami Brokers Group

Rey
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Investment Insights

Based on property information with market context.

This duplex, built in 1959, has 4 bedrooms and 2 bathrooms. Improvements completed in 2023–2024 include new flooring, updated windows, renovated bathrooms, modernized kitchens, and upgraded PVC drain lines. The roof was replaced in 2023, and the yard is fully fenced. Separate water meters serve the property, with driveway parking for up to four vehicles.

Shopping, schools, parks, and major expressways are nearby.

Key Highlights

  • 4 bedrooms and 2 bathrooms
  • Roof replaced in 2023; additional improvements completed in 2023–2024
  • Separate water meters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,531
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,620 $570.6K
Cap Rate 7%
$407,586 $407.6K
Cap Rate 9%
$317,011 $317.0K
Market Conditions
NOI Build-Up for 1,352 SF
Gross rent
$43.0K $31.80/SF
− Vacancy
−$2.2K −$1.65/SF
EGI
$40.8K $30.15/SF
− OpEx
−$12.2K −$9.04/SF
NOI
$28.5K $21.10/SF
Area
ZIP 33157
Vacancy
5.20%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,620
Cap Rate 7%
$407,586
Cap Rate 9%
$317,011

Alternative Uses

Best Use
Multifamily LT 5
$407.6K
$356.6K – $475.5K (±1% cap)
NOI $28,531 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$356.0K
$311.5K – $415.4K (±1% cap)
NOI $24,922 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$685.9K
$600.2K – $800.3K (±1% cap)
NOI $48,015 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby

Demographics for 33157, FL

68,069
Population
23,176
Households
2.9
Avg Household Size
42
Median Age
33%
College-Educated
86%
High-School Grad
14.9 sq mi
ZIP Area
4,568
Density / Sq Mi
$80,364
Median Household Income
$38,803
Median Earnings
$1,493
Median Rent
$478,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Miami, FL

$484 Jul
$479 Aug
$469 Sep
$471 Oct

Properties on Market for Duplexes in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate water meters and a four-vehicle driveway support the property's two-unit configuration.
Where is this duplex located?
The property is located at 10380 SW 173rd St Miami, FL.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 4 bedrooms and 2 bathrooms; Roof replaced in 2023; additional improvements completed in 2023–2024; Separate water meters
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