Remodeled Duplex with Income
1173 NW 65th St Miami, FL 33150
1173 NW 65th St, Miami, FL, 33150
$575,000
For Sale
$575,000
Duplex featuring a remodeled unit and tenant-occupied unit.
Property Size1,525 SF
Price / SF$377.05
Days on Market436
Property Features for 1173 NW 65th St
General Information
- Standard status
- Active
- Size
- 1,525 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1980
Listing Agency
Florida Management & Investmen
(786) 227-0928
Listed by
Carina Ledesma Valva · License #3365476
(786) 227-0928
Source
Exitrealty
Added: May 7, 2025 Checked: Jul 16 at 7:11 am
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 Florida Management & Investmen
Investment Insights
Based on property information with market context.
This duplex property includes two separate units. The front unit has been remodeled into a 2-bedroom, 1-bathroom home featuring modern finishes and an in-unit laundry. The rear unit is currently tenant-occupied and in livable condition, although it has not been remodeled. A patio is located at the back of the unit. This property presents an opportunity for investors or owner-occupants seeking rental income.
Key Highlights
- Two separate units offer flexibility for owner‑occupancy with rental income or investment purposes.
- Front unit is beautifully remodeled with modern finishes.
- Front unit includes the convenience of in‑unit laundry.
Local 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 | $46.7k | $30.60 |
| − Vacancy | −$3.0k | −$1.95 |
| EGI | $43.7k | $28.65 |
| − OpEx | −$13.1k | −$8.60 |
| NOI | $30.6k | $20.06 |
1,525 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$436.9K
$382.3K – $509.8K
NOI $30,585 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$402.5K
$352.2K – $469.5K
NOI $28,172 @ 7.0% cap · market cap 4.90%
Theoretical Best
Specialty Retail
$1.03M
$900.7K – $1.20M
NOI $72,057 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex featuring a remodeled unit and tenant-occupied unit.
Where is this duplex located?
The property is located at 1173 NW 65th St 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 separate units offer flexibility for owner‑occupancy with rental income or investment purposes.; Front unit is beautifully remodeled with modern finishes.; Front unit includes the convenience of in‑unit laundry.
