2-Unit
For Sale
$575,000
1079 NW 112th Ter, Miami, FL 33168
Residential Income, Miami, FL
Property Size1,456 SF
Price / SF$394.92
Days on Market95
Property Features for 1079 NW 112th Ter
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
5
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 1, Bedroom 2
Parking
5
Subdivision
LAWNDALE 3RD ADDN
Lot features
< 1/4 Acre
Standard status
Active
APN
30-21-35-009-0430
Size
1,456 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
LAWNDALE 3RD ADDN PB 45-20 LOT 15 BLK 8 LOT SIZE 75.000 X 100 CASE #95-17903
Tax Annual Amount
6010
Legal Description
LAWNDALE 3RD ADDN PB 45-20 LOT 15 BLK 8 LOT SIZE 75.000 X 100 CASE #95-17903
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1951
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Tar/Gravel
Listing Agency:
Stratwell, LLC
(305) 403-6430
Listed By:
Jorge Forte · License #0662315
(786) 402-5157
Added: Jul 20
Changed: Oct 16
Last Checked: Oct 22 at 10:06PM
MLS# A12037436
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.
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Investment Insights
Based on property information with market context.
This 1,456-square-foot duplex contains two residential units: one with three bedrooms and two bathrooms, and another with two bedrooms and one bathroom. Additional flexible-use space is also present. The building dates to 1951 and has block construction, tile flooring, a tar-and-gravel roof, and wall-furnace heating. Public sewer service and cable availability are noted.
Key Highlights
- Two residential units: 3‑bedroom/2‑bath and 2‑bedroom/1‑bath
- 1,456 square feet
- Additional flexible‑use space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,201
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,020
$584.0K
Cap Rate 7%
$417,157
$417.2K
Cap Rate 9%
$324,456
$324.5K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$44.6K $30.60/SF
− Vacancy
−$2.8K −$1.95/SF
EGI
$41.7K $28.65/SF
− OpEx
−$12.5K −$8.60/SF
NOI
$29.2K $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%
$584,020
Cap Rate 7%
$417,157
Cap Rate 9%
$324,456
Alternative Uses
Best Use
Multifamily LT 5
$417.2K
$365.0K – $486.7K
NOI $29,201 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$384.2K
$336.2K – $448.3K
NOI $26,897 @ 7.0% cap · market cap 4.68%
Theoretical Best
Specialty Retail
$982.8K
$860.0K – $1.15M
NOI $68,797 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,050
Businesses Nearby
Explore this area
Business Placement
Demographics for 33168, FL
24,715
Population
6,761
Households
3.7
Avg Household Size
39
Median Age
16%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
6,865
Density / Sq Mi
$58,636
Median Household Income
$31,984
Median Earnings
$1,576
Median Rent
$329,000
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 - The residences comprise a three-bedroom, two-bath unit and a two-bedroom, one-bath unit.
Where is this duplex located?
The property is located at 1079 NW 112th Ter Miami, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two residential units: 3‑bedroom/2‑bath and 2‑bedroom/1‑bath; 1,456 square feet; Additional flexible‑use space
