Duplex with Spacious Living
1290 NE 110th Street Miami, FL 33161
New
For Sale
$750,000
Duplex for sale featuring large rooms and spacious living areas, with an additional duplex also available next door.
Property Size1,882 SF
Price / SF$398.51
Days on Market6
Property Features for 1290 NE 110th Street
General Information
- Standard status
- Active
- Size
- 1,882 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 22
Changed: Jul 26
Last Checked: Jul 26 at 5:00AM
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 duplex for sale offers a residential income configuration with large rooms and spacious living areas. The property is presented as a must-see opportunity, and it is being offered with an additional duplex next door for buyers looking to expand their portfolio.
Located at 1290 NE 110th Street in Miami, Florida 33161, the offering is positioned as a straightforward duplex purchase within the same immediate area.
If you’re comparing income properties, this duplex’s overall layout is highlighted around room size and living space, while the availability of a neighboring duplex may support buyers interested in acquiring more than one residential income asset.
Located at 1290 NE 110th Street in Miami, Florida 33161, the offering is positioned as a straightforward duplex purchase within the same immediate area.
If you’re comparing income properties, this duplex’s overall layout is highlighted around room size and living space, while the availability of a neighboring duplex may support buyers interested in acquiring more than one residential income asset.
Key Highlights
- Duplex built in 1988
- Offers large rooms and spacious living areas
- An additional duplex is also available for sale next door
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 | $57.6k | $30.60 |
| − Vacancy | −$3.7k | −$1.95 |
| EGI | $53.9k | $28.65 |
| − OpEx | −$16.2k | −$8.60 |
| NOI | $37.7k | $20.06 |
1,882 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$539.2K
$471.8K – $629.1K
NOI $37,745 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$496.7K
$434.6K – $579.5K
NOI $34,767 @ 7.0% cap · market cap 4.64%
Theoretical Best
Specialty Retail
$1.27M
$1.11M – $1.48M
NOI $88,925 @ 7.0% cap · market cap 11.86%
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 for sale featuring large rooms and spacious living areas, with an additional duplex also available next door.
Where is this duplex located?
The property is located at 1290 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 built in 1988; Offers large rooms and spacious living areas; An additional duplex is also available for sale next door
