Duplex
For Sale
$680,000
1341 NE 149th St, Miami, FL 33161
Two-unit residential income property near shopping, transportation, and marketplaces.
Property Size1,916 SF
Days on Market105
Property Features for 1341 NE 149th St
General Information
Standard status
Active
Size
1,916 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$9,003
Building Details
Building Size
1,916 SF
Year Built
1946
Listing Agency:
MJM Capital Realty, Inc.
(305) 970-2174
Listed By:
Justin Manuel · License #0481391
Source:
Vanessafrankmiami
Added: Apr 24
Changed: Aug 2
Last Checked: Aug 5 at 4:39AM
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 MJM Capital Realty, Inc.
Investment Insights
Based on property information with market context.
This duplex property was built in 1946 and is positioned for residential income use. The two-unit configuration provides a defined multifamily format for buyers evaluating an existing income-producing asset.
The property is located at 1341 NE 149th St in Miami, Florida, near shopping centers, transportation, and marketplaces. Its North Miami area setting places everyday retail and transit-related destinations within the surrounding context.
The property is located at 1341 NE 149th St in Miami, Florida, near shopping centers, transportation, and marketplaces. Its North Miami area setting places everyday retail and transit-related destinations within the surrounding context.
Key Highlights
- Duplex configuration
- Built in 1946
- Near shopping centers, transportation, and marketplaces
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 | $58.6k | $30.60 |
| − Vacancy | −$3.7k | −$1.95 |
| EGI | $54.9k | $28.65 |
| − OpEx | −$16.5k | −$8.60 |
| NOI | $38.4k | $20.06 |
1,916 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$548.9K
$480.3K – $640.4K
NOI $38,426 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$505.6K
$442.4K – $589.9K
NOI $35,395 @ 7.0% cap · market cap 5.21%
Theoretical Best
Specialty Retail
$1.29M
$1.13M – $1.51M
NOI $90,532 @ 7.0% cap · market cap 13.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,021
Businesses Nearby
Explore this area
Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property near shopping, transportation, and marketplaces.
Where is this duplex located?
The property is located at 1341 NE 149th St Miami, FL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Duplex configuration; Built in 1946; Near shopping centers, transportation, and marketplaces
