Duplex on a Corner
New
For Sale
$770,000
13401 SW 268th Street, Homestead, FL 33032
Two independent residences each have three bedrooms, two bathrooms, impact-resistant windows and doors, and kitchen appliances.
Property Size2,687 SF
Price / SF$294.23
Days on Market7
Property Features for 13401 SW 268th Street
General Information
Standard status
Active
Size
2,687 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
5700
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$12,548
Amenities
fully fenced
Building Details
Building Size
2,687 SF
Year Built
2020
Stories
1
Listing Agency:
Realty One Group Evolution
Listed By:
Ingrid M Roldan · License #3136467
(786) 346-5028
Source:
Laerrealty
Added: Oct 30
Last Checked: Nov 4 at 10:24AM
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 Realty One Group Evolution
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Investment Insights
Based on property information with market context.
Built in 2020, this duplex contains two independent residences, each with three bedrooms and two bathrooms. Interior features include porcelain tile floors, wood kitchen cabinetry, and appliances. Impact-resistant windows and doors serve both units, and the property is fully fenced.
The duplex occupies a corner lot of more than 16,000 square feet. Florida’s Turnpike and US-1 are identified as nearby road connections, with shopping and dining among the surrounding conveniences.
The duplex occupies a corner lot of more than 16,000 square feet. Florida’s Turnpike and US-1 are identified as nearby road connections, with shopping and dining among the surrounding conveniences.
Key Highlights
- Two independent 3‑bedroom, 2‑bathroom residences
- Corner lot measuring over 16,000 Sq. Ft.
- Built in 2020
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,625
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,500
$872.5K
Cap Rate 7%
$623,214
$623.2K
Cap Rate 9%
$484,722
$484.7K
Market Conditions
NOI Build-Up for 2,617 SF
Gross rent
$65.9K $25.20/SF
− Vacancy
−$3.6K −$1.39/SF
EGI
$62.3K $23.81/SF
− OpEx
−$18.7K −$7.14/SF
NOI
$43.6K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,500
Cap Rate 7%
$623,214
Cap Rate 9%
$484,722
Alternative Uses
Best Use
Multifamily LT 5
$623.2K
$545.3K – $727.1K
NOI $43,625 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$575.0K
$503.1K – $670.8K
NOI $40,248 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,940 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Explore this area
Business Placement
Demographics for 33032, FL
58,727
Population
19,102
Households
3.1
Avg Household Size
34
Median Age
24%
College-Educated
83%
High-School Grad
18.2 sq mi
ZIP Area
3,227
Density / Sq Mi
$74,995
Median Household Income
$36,515
Median Earnings
$1,626
Median Rent
$374,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences each have three bedrooms, two bathrooms, impact-resistant windows and doors, and kitchen appliances.
Where is this duplex located?
The property is located at 13401 SW 268th Street Homestead, FL.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: Two independent 3‑bedroom, 2‑bathroom residences; Corner lot measuring over 16,000 Sq. Ft.; Built in 2020
