Furnished Duplex on Corner
For Sale
$749,000
9210 Northwest 4th Avenue, Miami, FL 33150
Two furnished residences offer a flexible income-property configuration near shopping, dining, parks, and the Design District.
Property Size2,109 SF
Price / SF$355.14
Days on Market596
Property Features for 9210 Northwest 4th Avenue
General Information
Standard status
Active
Size
2,109 SF
Property subtype
Residential Income / Duplex
Taxes and HOA fees
Annual Taxes
$7,519
Building Details
Year Built
1936
Listing Agency:
LX Realty LLC
Listed By:
Aleksandar Ilic · License #3462037
(312) 933-7055
Source:
Compass
Added: Feb 28, 2025
Changed: Oct 16
Last Checked: Oct 16 at 10:59AM
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 LX Realty LLC
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Investment Insights
Based on property information with market context.
This duplex contains two separate two-bedroom, one-bath residences within a 2,109-square-foot property built in 1936. Both units are furnished, providing a ready-to-use configuration for an owner seeking multiple residential spaces in one asset.
One residence is leased on a long-term basis, while the other is occupied by the owner and can be rented. The property occupies an oversized corner lot just outside Miami Shores, approximately 10 minutes from the Design District and near shopping, dining, and parks.
One residence is leased on a long-term basis, while the other is occupied by the owner and can be rented. The property occupies an oversized corner lot just outside Miami Shores, approximately 10 minutes from the Design District and near shopping, dining, and parks.
Key Highlights
- Two separate 2‑bedroom, 1‑bath units
- 2,109‑square‑foot duplex built in 1936
- Both residences are furnished
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,297
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,940
$845.9K
Cap Rate 7%
$604,243
$604.2K
Cap Rate 9%
$469,967
$470.0K
Market Conditions
NOI Build-Up for 2,109 SF
Gross rent
$64.5K $30.60/SF
− Vacancy
−$4.1K −$1.95/SF
EGI
$60.4K $28.65/SF
− OpEx
−$18.1K −$8.60/SF
NOI
$42.3K $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 Rate 5%
$845,940
Cap Rate 7%
$604,243
Cap Rate 9%
$469,967
Alternative Uses
Best Use
Multifamily LT 5
$604.2K
$528.7K – $705.0K
NOI $42,297 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$556.6K
$487.0K – $649.3K
NOI $38,960 @ 7.0% cap · market cap 5.20%
Theoretical Best
Specialty Retail
$1.42M
$1.25M – $1.66M
NOI $99,651 @ 7.0% cap · market cap 13.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,197
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two furnished residences offer a flexible income-property configuration near shopping, dining, parks, and the Design District.
Where is this duplex located?
The property is located at 9210 Northwest 4th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two separate 2‑bedroom, 1‑bath units; 2,109‑square‑foot duplex built in 1936; Both residences are furnished
