Concrete Block
For Sale
$515,000
1075 NW 100th St, Miami, FL 33150
Two separately metered units are delivered vacant and offer distinct layouts for renovation.
Property Size1,860 SF
Days on Market52
Property Features for 1075 NW 100th St
General Information
Standard status
Active
Size
1,860 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$6,809
Building Details
Building Size
1,860 SF
Year Built
1968
Listing Agency:
Prado Realty Inc
Listed By:
Vanessa Gutierrez · License #3254909
Source:
Vanessafrankmiami
Added: Aug 31
Changed: Oct 20
Last Checked: Oct 21 at 2:39AM
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 Prado Realty Inc
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Investment Insights
Based on property information with market context.
Built in 1968, this concrete block duplex contains 4 bedrooms and 2 bathrooms arranged as two independent 2-bedroom, 1-bathroom units. Both interiors require a full cosmetic remodel, while the property is being sold strictly AS-IS. Separate electric meters serve each unit, and there is no central A/C installed.
The property occupies a 7,950+ square foot lot with ample parking and a large backyard. It is currently owner-occupied but will be delivered 100% vacant at closing. Access to I-95, public transit, local schools, and shopping centers adds convenience for future occupants and contractors completing the renovation.
The property occupies a 7,950+ square foot lot with ample parking and a large backyard. It is currently owner-occupied but will be delivered 100% vacant at closing. Access to I-95, public transit, local schools, and shopping centers adds convenience for future occupants and contractors completing the renovation.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units totaling 4 bedrooms and 2 bathrooms
- 7,950+ square foot lot with ample parking and a large backyard
- 1968 concrete block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,303
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,060
$746.1K
Cap Rate 7%
$532,900
$532.9K
Cap Rate 9%
$414,478
$414.5K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$56.9K $30.60/SF
− Vacancy
−$3.6K −$1.95/SF
EGI
$53.3K $28.65/SF
− OpEx
−$16.0K −$8.60/SF
NOI
$37.3K $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%
$746,060
Cap Rate 7%
$532,900
Cap Rate 9%
$414,478
Alternative Uses
Best Use
Multifamily LT 5
$532.9K
$466.3K – $621.7K
NOI $37,303 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$490.9K
$429.5K – $572.7K
NOI $34,361 @ 7.0% cap · market cap 6.67%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.46M
NOI $87,886 @ 7.0% cap · market cap 17.07%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered units are delivered vacant and offer distinct layouts for renovation.
Where is this duplex located?
The property is located at 1075 NW 100th St Miami, FL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units totaling 4 bedrooms and 2 bathrooms; 7,950+ square foot lot with ample parking and a large backyard; 1968 concrete block construction
