Duplex with Separate
7710 NE 1st Ct Miami, FL 33138
For Sale
$750,000
Duplex with two separate 1-bed, 1-bath units, updated kitchens, laundry room, tile flooring, and new HVAC.
Property Size1,248 SF
Price / SF$600.96
Days on Market695
Property Features for 7710 NE 1st Ct
General Information
- Standard status
- Active
- Size
- 1,248 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1951
Listing Agency:
BP Global Realty, LLC
(772) 245-6588
Listed By:
Melissa Anteola · License #3413829
(772) 245-6588
Source:
Exitrealty
Added: Aug 29, 2024
Changed: Jul 20
Last Checked: Jul 23 at 7:52AM
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 BP Global Realty, LLC
Investment Insights
Based on property information with market context.
This duplex features two separate 1 bed, 1 bath units designed for rental or multi-generational living. Each unit includes updated kitchens with stainless steel appliances, tile flooring, and access to a laundry room. The property also has a new HVAC system and separate water and electric meters for each unit.
Located at 7710 NE 1st Ct in Miami, the property is zoned T5-R. The listing notes proximity to local attractions and shopping centers.
With two independently metered units, this configuration supports flexible residential income use while maintaining a straightforward duplex layout.
Located at 7710 NE 1st Ct in Miami, the property is zoned T5-R. The listing notes proximity to local attractions and shopping centers.
With two independently metered units, this configuration supports flexible residential income use while maintaining a straightforward duplex layout.
Key Highlights
- Duplex built in 1951 with two separate 1‑bed, 1‑bath units
- Updated kitchens in both units with stainless steel appliances
- New HVAC system
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 | $38.2k | $30.60 |
| − Vacancy | −$2.4k | −$1.95 |
| EGI | $35.8k | $28.65 |
| − OpEx | −$10.7k | −$8.60 |
| NOI | $25.0k | $20.06 |
1,248 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$357.6K
$312.9K – $417.2K
NOI $25,029 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$329.4K
$288.2K – $384.3K
NOI $23,055 @ 7.0% cap · market cap 3.07%
Theoretical Best
Specialty Retail
$842.4K
$737.1K – $982.8K
NOI $58,969 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two separate 1-bed, 1-bath units, updated kitchens, laundry room, tile flooring, and new HVAC.
Where is this duplex located?
The property is located at 7710 NE 1st Ct Miami, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Duplex built in 1951 with two separate 1‑bed, 1‑bath units; Updated kitchens in both units with stainless steel appliances; New HVAC system
