Spacious Duplex Income
1286 NE 110th Street Miami, FL 33161
New
For Sale
$750,000
Two spacious units make up this duplex in North Miami, offered for sale and easy to show.
Property Size1,868 SF
Price / SF$401.50
Days on Market5
Property Features for 1286 NE 110th Street
General Information
- Standard status
- Active
- Size
- 1,868 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1988
Listing Agency:
RE/MAX Advance Realty II
(305) 775-1148
Listed By:
Issabella Silverstein · License #3176578
(305) 775-1148
Source:
Lehmannflorida
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 26 at 8:20AM
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 RE/MAX Advance Realty II
Investment Insights
Based on property information with market context.
This one-of-a-kind duplex offers two spacious residential units within a single property, presented for sale as an easy-to-show opportunity.
Located in North Miami at 1286 NE 110th Street in Miami, Florida, the property is described as being in the heart of the area.
The offering is for a duplex configuration with both units included in the same ownership.
Located in North Miami at 1286 NE 110th Street in Miami, Florida, the property is described as being in the heart of the area.
The offering is for a duplex configuration with both units included in the same ownership.
Key Highlights
- Duplex with two spacious units in North Miami
- Year built: 1988
- Easy to show
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 | $57.2k | $30.60 |
| − Vacancy | −$3.6k | −$1.95 |
| EGI | $53.5k | $28.65 |
| − OpEx | −$16.1k | −$8.60 |
| NOI | $37.5k | $20.06 |
1,868 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$535.2K
$468.3K – $624.4K
NOI $37,464 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$493.0K
$431.4K – $575.1K
NOI $34,508 @ 7.0% cap · market cap 4.60%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $88,264 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Midas Touch Graphic ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Duplex - Two spacious units make up this duplex in North Miami, offered for sale and easy to show.
Where is this duplex located?
The property is located at 1286 NE 110th Street 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 with two spacious units in North Miami; Year built: 1988; Easy to show
