Remodeled Duplex with In-Unit
1250 NE 109th St Unit 1250, Miami, FL 33161
For Sale
New
Contact for pricing
A fresh interior, new window A/C, and private laundry support convenient day-to-day occupancy.
Property Size1,596 SF
Price / SF$1.50
Days on Market7
Property Features for 1250 NE 109th St Unit 1250
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Amenities
window A/C unit
in-unit washer and dryer
Lot Size Square Feet: 6250
Percentage of Tax that is Deductable: 0
Garage Type: Has, 2 Garage Spaces
Wall/Window AC: 1
Rental, Sale Type: Foreclosure, Availability Date: 2026-11-01
2 Bedrooms
Built in 1957, Community Pool, Community Pets Allowed
Subdivision Name: Amd Pl Bay Ridge
Above Area Square Feet: 1596
One Full Bath
Building Details
Year Built
Listing Agency:
Compass Florida, LLC
Listed By:
Tatiana Camargo
(305) 851-2820
Source:
Doyle-realty
Added: Nov 4
Changed: Nov 10
Last Checked: Nov 10 at 8:36AM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
This 2-bedroom, 1-bathroom duplex has a remodeled interior and a new window A/C unit. An in-unit washer and dryer add laundry convenience. The property contains 1,596 square feet and was built in 1957.
The address is less than one block from Biscayne Boulevard (US-1), with Aldi, Chase Bank, and local shopping and dining options nearby.
The address is less than one block from Biscayne Boulevard (US-1), with Aldi, Chase Bank, and local shopping and dining options nearby.
Key Highlights
- 2‑bedroom, 1‑bathroom duplex
- 1,596 square feet; built in 1957
- Remodeled interior with a new window A/C unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,484
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,680
$589.7K
Cap Rate 7%
$421,200
$421.2K
Cap Rate 9%
$327,600
$327.6K
Market Conditions
NOI Build-Up for 1,596 SF
Gross rent
$57.5K $36.00/SF
− Vacancy
−$3.8K −$2.41/SF
EGI
$53.6K $33.59/SF
− OpEx
−$24.1K −$15.11/SF
NOI
$29.5K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,680
Cap Rate 7%
$421,200
Cap Rate 9%
$327,600
Alternative Uses
Best Use
Apartment 5plus
$421.2K
$368.6K – $491.4K
NOI $29,484 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.08M
$942.7K – $1.26M
NOI $75,412 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,049
Businesses Nearby
Explore this area
Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Miami, FL
Properties on Market for Multifamily properties in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - A fresh interior, new window A/C, and private laundry support convenient day-to-day occupancy.
Where is this multifamily property located?
The property is located at 1250 NE 109th St Unit 1250 Miami, FL.
What are key features of this property?
This property features: 2‑bedroom, 1‑bathroom duplex; 1,596 square feet; built in 1957; Remodeled interior with a new window A/C unit
