Two-Unit Duplex with Separate
New
For Sale
$925,000
1195 NW 30TH Place, Miami, FL 33125
Two separately metered units include full kitchens, laundry areas, and dedicated living-dining spaces.
Property Size2,115 SF
Lot Size0.25 Acres
Price / SF$437.35
Days on Market7
Property Features for 1195 NW 30TH Place
General Information
Standard status
Active
Size
2,115 SF
Lot size
0.25 Acres
Property subtype
Duplex
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,513
Building Details
Building Size
2,115 SF
Year Built
1969
Buildings
1
Listing Agency:
Savvy Avenue, LLC
(888) 490-1268
Listed By:
Moe Mossa · License #3432985
Source:
Batrare
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 30 at 10:46PM
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 Savvy Avenue, LLC
Investment Insights
Based on property information with market context.
This duplex contains 2,115 square feet across two separately addressed units. The front residence offers 2 bedrooms and 1 bathroom, while the rear residence provides 4 bedrooms and 2 bathrooms. Each unit includes a full kitchen, washer and dryer, and living-dining room. The rear unit also opens to a large pavered terrace, and both units connect through a private side hallway.
The property sits on an 11,020-square-foot parcel along a dead-end street in Miami. Separate water and power meters serve the two units, and the property is zoned as a duplex. Built in 1969, it is offered in its current condition for an as-is sale.
The property sits on an 11,020-square-foot parcel along a dead-end street in Miami. Separate water and power meters serve the two units, and the property is zoned as a duplex. Built in 1969, it is offered in its current condition for an as-is sale.
Key Highlights
- Two‑unit duplex with separate addresses at 1195 and 1197
- Front unit has 2 bedrooms and 1 bathroom; rear unit has 4 bedrooms and 2 bathrooms
- 2,115 square feet of building area on an 11,020‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,417
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$848,340
$848.3K
Cap Rate 7%
$605,957
$606.0K
Cap Rate 9%
$471,300
$471.3K
Market Conditions
NOI Build-Up for 2,115 SF
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.
Gross rent
$64.7K $30.60/SF
− Vacancy
−$4.1K −$1.95/SF
EGI
$60.6K $28.65/SF
− OpEx
−$18.2K −$8.60/SF
NOI
$42.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$848,340
Cap Rate 7%
$605,957
Cap Rate 9%
$471,300
Alternative Uses
Best Use
Multifamily LT 5
$606.0K
$530.2K – $707.0K
NOI $42,417 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$558.2K
$488.4K – $651.2K
NOI $39,071 @ 7.0% cap · market cap 4.22%
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $99,935 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,504
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
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 - Two separately metered units include full kitchens, laundry areas, and dedicated living-dining spaces.
Where is this duplex located?
The property is located at 1195 NW 30TH Place Miami, FL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two‑unit duplex with separate addresses at 1195 and 1197; Front unit has 2 bedrooms and 1 bathroom; rear unit has 4 bedrooms and 2 bathrooms; 2,115 square feet of building area on an 11,020‑square‑foot lot
