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Remodeled Duplex
For Sale
$674,900

750-752 NW 52nd Street, Miami, FL 33127

Completely remodeled duplex with separate water and electric meters per unit and major 2026 system upgrades.

Property Size1,385 SF
Price / SF$502.53
Days on Market24

Property Features for 750-752 NW 52nd Street

General Information

Standard status Active
Size 1,385 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning 0104

Taxes and HOA fees

Annual Taxes $6,001

Building Details

Building Size 1,385 SF
Year Built 1954
Stories 1
Listing Agency: Related General Realty, LLC.
Listed By: Ydalia Rodriguez · License #A12060578
Source: Laerrealty
Added: Jul 30 Changed: Aug 16 Last Checked: Aug 22 at 3:49AM

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 Related General Realty, LLC.

Investment Insights

Based on property information with market context.

This completely remodeled duplex includes major 2026 upgrades, featuring a new roof and fully updated plumbing and electrical systems. Each unit has separate water and electric meters, supporting more efficient utility management. Built in 1954, the property totals 1,343 SF.

The duplex is located at 750-752 NW 52nd Street in Miami, FL 33127. It sits in a fast-growing area with surrounding redevelopment activity, and it is described as being minutes from the Design District, Wynwood, Midtown, Downtown Miami, Miami International Airport, and the beaches of Miami Beach.

The layout provides two independent units with separate metering, with the recent roof, plumbing, and electrical upgrades positioned to reduce near-term maintenance concerns while supporting day-to-day property operations.

Key Highlights

  • 1,343 SF remodeled duplex built in 1954
  • Major 2026 upgrades include new roof, updated plumbing, and electrical systems
  • Separate water and electric meters for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,935
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.99%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$538,700 $538.7K
Cap Rate 7%
$384,786 $384.8K
Cap Rate 9%
$299,278 $299.3K
Market Conditions
NOI Build-Up for 1,343 SF 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.
Gross rent
$41.1K $30.60/SF
− Vacancy
−$2.6K −$1.95/SF
EGI
$38.5K $28.65/SF
− OpEx
−$11.5K −$8.60/SF
NOI
$26.9K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$538,700
Cap Rate 7%
$384,786
Cap Rate 9%
$299,278

Alternative Uses

Best Use
Multifamily LT 5
$384.8K
$336.7K – $448.9K (±1% cap)
NOI $26,935 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$354.4K
$310.1K – $413.5K (±1% cap)
NOI $24,810 @ 7.0% cap · market cap 3.68%
Theoretical Best
Specialty Retail
$906.5K
$793.2K – $1.06M (±1% cap)
NOI $63,457 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Carpet & Flooring Store Garden Center Parking Lot & Garage Veterinary 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.

Location Intelligence

Trade Area within ½ mile

1,279
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Completely remodeled duplex with separate water and electric meters per unit and major 2026 system upgrades.
Where is this duplex located?
The property is located at 750-752 NW 52nd Street Miami, FL.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: 1,343 SF remodeled duplex built in 1954; Major 2026 upgrades include new roof, updated plumbing, and electrical systems; Separate water and electric meters for each unit
More about this property
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