Gated Multifamily
For Sale
$800,000
Pending
111 NW 52nd St, Miami, FL 33127
MULTI_FAMILY - Miami, FL
Property Size2,162 SF
Days on Market11
Property Features for 111 NW 52nd St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
5
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
Parking
2
Subdivision
RAILWAYS SHOPS ADDN 2ND A
Lot features
< 1/4 Acre
Standard status
Pending
APN
01-31-24-013-0550
Size
2,162 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
RAILWAY SHOPS ADDN 2ND AMD PB 3-183 LOT 23 BLK 3 LOT SIZE SITE VALUE 73R-78984
Tax Annual Amount
700
Legal Description
RAILWAY SHOPS ADDN 2ND AMD PB 3-183 LOT 23 BLK 3 LOT SIZE SITE VALUE 73R-78984
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
1955
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
United Realty Group Inc.
(954) 450-2000
Listed By:
Yamilet Cotilla · License #3255718
(954) 701-0934
Added: Jul 22
Changed: Jul 29
Last Checked: Aug 1 at 2:06AM
MLS# A12001092
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.
Located at 111 NW 52nd St, Miami, FL 33127, this gated multifamily property is being sold as-is and is presented as a fixer-upper. The existing structure requires significant updates, making it a fit for a full rehab or consideration of a teardown and redevelopment plan.
The property sits on a generous lot and is positioned amid ongoing neighborhood growth and new construction. Convenient access to major highways and nearby destinations including downtown Miami, Wynwood, Brickell, and the Design District is noted in the listing remarks.
This offering is for cash offers only. The seller’s terms call for buyers to rely on their own due diligence regarding condition, scope of work, and redevelopment possibilities.
The property sits on a generous lot and is positioned amid ongoing neighborhood growth and new construction. Convenient access to major highways and nearby destinations including downtown Miami, Wynwood, Brickell, and the Design District is noted in the listing remarks.
This offering is for cash offers only. The seller’s terms call for buyers to rely on their own due diligence regarding condition, scope of work, and redevelopment possibilities.
Key Highlights
- As‑is property on a large lot in a gated setting—listed for renovation, expansion, or redevelopment
- Existing structure requires significant updates, with suitability for full rehab or teardown
- Construction materials include block; roof is shingle
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.2k | $30.60 |
| − Vacancy | −$4.2k | −$1.95 |
| EGI | $61.9k | $28.65 |
| − OpEx | −$18.6k | −$8.60 |
| NOI | $43.4k | $20.06 |
2,162 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$619.4K
$542.0K – $722.7K
NOI $43,360 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$570.6K
$499.2K – $665.7K
NOI $39,939 @ 7.0% cap · market cap 4.99%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M
NOI $102,155 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,633
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Gated multifamily property on a large lot offered for sale as-is, requiring significant updates or potential redevelopment.
Where is this duplex located?
The property is located at 111 NW 52nd St Miami, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: As‑is property on a large lot in a gated setting—listed for renovation, expansion, or redevelopment; Existing structure requires significant updates, with suitability for full rehab or teardown; Construction materials include block; roof is shingle
