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Two-Unit Duplex
For Sale
$1,450,000

68 Northwest 45th Street, Miami, FL 33127

The property includes a four-bedroom front unit and a two-bedroom rear unit, with both residences leased on a monthly basis.

Property Size1,620 SF
Price / SF$895.06
Days on Market1821

Property Features for 68 Northwest 45th Street

General Information

Standard status Active
Size 1,620 SF
Property subtype Residential Income / Duplex

Units

Unit Mix 1 x 4BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,541

Building Details

Year Built 1923
Listing Agency: United Realty Group Inc
Listed By: Justino Ferret · License #3353716
Source: Compass
Added: Sep 8, 2021 Changed: Sep 2 Last Checked: Sep 2 at 12:01AM

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 United Realty Group Inc

Investment Insights

Based on property information with market context.

This 1,620-square-foot duplex, built in 1923, contains two separate residential units. The front unit has four bedrooms and two bathrooms, while the rear unit provides two bedrooms and one bathroom. Both units are currently rented on a monthly basis, supporting continued residential income use.

The property is located in Miami’s Buena Vista area at 68 Northwest 45th Street. Nearby destinations identified for the property include Wynwood, the Miami Design District, Midtown, and Brickell. Short-term rental use through Airbnb is also identified as a possible operating approach for the duplex.

Key Highlights

  • 1,620‑square‑foot duplex built in 1923
  • Front unit includes 4 bedrooms and 2 bathrooms
  • Rear unit includes 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Butcher Restaurant Garden Center Mobile Phone Store

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

Location Intelligence

Trade Area within ½ mile

3,925
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
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Frequently Asked Questions

What type of property is this?
Duplex - The property includes a four-bedroom front unit and a two-bedroom rear unit, with both residences leased on a monthly basis.
Where is this duplex located?
The property is located at 68 Northwest 45th Street Miami, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 1,620‑square‑foot duplex built in 1923; Front unit includes 4 bedrooms and 2 bathrooms; Rear unit includes 2 bedrooms and 1 bathroom
More about this property
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