Updated Duplex with
New
For Sale
$699,999
1102 NW 103rd St, Miami, FL 33150
Residential Income, Miami, FL
Property Size2,195 SF
Price / SF$318.91
Days on Market2
Property Features for 1102 NW 103rd St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
6
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Parking
4
Patio and Porch features
Patio
Exterior features
Fruit Trees, Patio
Subdivision
2ND
Lot features
< 1/4 Acre
Standard status
Active
APN
30-31-02-007-0010
Size
2,195 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
2ND RESUB N SILVER CREST PB 40-24 LOT 1 BLK 1 LOT SIZE 75.000 X 102 OR 18829-2281 1099 1
Tax Annual Amount
10594
Legal Description
2ND RESUB N SILVER CREST PB 40-24 LOT 1 BLK 1 LOT SIZE 75.000 X 102 OR 18829-2281 1099 1
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Ceiling Fan(s), Central Air
Building Details
Year built
1945
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
The Keyes Company
(954) 475-9813
Listed By:
Kelvin Ching · License #3298166
(954) 249-8129
Added: Oct 4
Last Checked: Oct 5 at 3:06PM
MLS# A12100298
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.
Investment Insights
Based on property information with market context.
This 2,195-square-foot block duplex was built in 1945 and has updated interiors, renovated bathrooms, modern finishes, and stainless steel appliances. Tile flooring, central air conditioning, electric heat, and a patio are among its features. The property is legally recognized as a duplex but is currently configured, occupied, and rented as three separate units; prospective purchasers should verify permitted use independently.
At 1102 NW 103rd St in Miami’s Pinewood neighborhood, the property occupies a corner lot within a federally designated Opportunity Zone. Major highways, shopping, employment centers, and Downtown Miami are identified as nearby destinations. The seller has cleared all property violations.
At 1102 NW 103rd St in Miami’s Pinewood neighborhood, the property occupies a corner lot within a federally designated Opportunity Zone. Major highways, shopping, employment centers, and Downtown Miami are identified as nearby destinations. The seller has cleared all property violations.
Key Highlights
- 2,195‑square‑foot duplex on a corner lot
- Legally recognized as a duplex; currently configured and rented as three separate units
- Located in a federally designated Opportunity Zone
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,022
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$880,440
$880.4K
Cap Rate 7%
$628,886
$628.9K
Cap Rate 9%
$489,133
$489.1K
Market Conditions
NOI Build-Up for 2,195 SF
Gross rent
$67.2K $30.60/SF
− Vacancy
−$4.3K −$1.95/SF
EGI
$62.9K $28.65/SF
− OpEx
−$18.9K −$8.60/SF
NOI
$44.0K $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%
$880,440
Cap Rate 7%
$628,886
Cap Rate 9%
$489,133
Alternative Uses
Best Use
Multifamily LT 5
$628.9K
$550.3K – $733.7K
NOI $44,022 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$579.3K
$506.9K – $675.8K
NOI $40,549 @ 7.0% cap · market cap 5.79%
Theoretical Best
Specialty Retail
$1.48M
$1.30M – $1.73M
NOI $103,715 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
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
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot property in an Opportunity Zone, currently arranged and rented as three separate units.
Where is this duplex located?
The property is located at 1102 NW 103rd St Miami, FL.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 2,195‑square‑foot duplex on a corner lot; Legally recognized as a duplex; currently configured and rented as three separate units; Located in a federally designated Opportunity Zone
