Building Details

Tenancy Multi

Listing Agency: NV Realty a***@gmail.com Show Phone

Listed By: Luis Apa · License #3329211

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 2:35AM

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Investment Insights

Based on property information with market context.

This centrally located duplex offers a mix of unit configurations, including 3-bedroom plus two-bedroom layouts and an efficiency unit. The property has been recently renovated throughout, with a new roof, new floors, new kitchens, and new bathrooms.

The duplex is presented as an investment opportunity and is currently available for sale.

With renovated interiors and multiple unit types, the property offers an income-focused configuration designed for straightforward leasing and management.

Key Highlights

• Renovated duplex with two units: 2‑bedroom unit plus efficiency unit
• Both units are newly renovated
• New roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

2,297

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Renovated duplex includes two-bedroom and efficiency units, with a new roof, floors, kitchens, and bathrooms.

Where is this duplex located?

The property is located at 161-163 NE 117th St Miami, FL.

What are key features of this property?

This property features: Renovated duplex with two units: 2‑bedroom unit plus efficiency unit; Both units are newly renovated; New roof