Two-Unit Duplex with Private
1052 NW 103rd St, Miami, FL 33150
For Sale
New
$720,000
Each residence has its own washer and dryer, electric meter, and outdoor patio.
Property Size1,740 SF
Days on Market5
Property Features for 1052 NW 103rd St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
washer/dryer
patio
Building Details
Building Size
Year Built
Listing Agency:
BrokerNation Real Estate
Listed By:
Dafne Lucero · License FL #3210549
(305) 301-4353
Source:
Vanessafrankmiami
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:12PM
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 BrokerNation Real Estate
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Investment Insights
Based on property information with market context.
This duplex contains two separate residences, each configured with two bedrooms and one bathroom. Both units include an individual washer and dryer, a separate patio, and an electric meter. The property was built in 1971.
Located in Miami, the property is near I-95 and has access to shopping, dining, and everyday services.
Located in Miami, the property is near I-95 and has access to shopping, dining, and everyday services.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Separate washer and dryer in each unit
- Individual patio and electric meter for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,897
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,940
$697.9K
Cap Rate 7%
$498,529
$498.5K
Cap Rate 9%
$387,744
$387.7K
Market Conditions
NOI Build-Up for 1,740 SF
Gross rent
$53.2K $30.60/SF
− Vacancy
−$3.4K −$1.95/SF
EGI
$49.9K $28.65/SF
− OpEx
−$15.0K −$8.60/SF
NOI
$34.9K $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%
$697,940
Cap Rate 7%
$498,529
Cap Rate 9%
$387,744
Alternative Uses
Best Use
Multifamily LT 5
$498.5K
$436.2K – $581.6K
NOI $34,897 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$459.2K
$401.8K – $535.7K
NOI $32,144 @ 7.0% cap · market cap 4.46%
Theoretical Best
Specialty Retail
$1.17M
$1.03M – $1.37M
NOI $82,216 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own washer and dryer, electric meter, and outdoor patio.
Where is this duplex located?
The property is located at 1052 NW 103rd St Miami, FL.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Separate washer and dryer in each unit; Individual patio and electric meter for each residence
