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Duplex With Development Potential
For Sale
$1,600,000

70 NW 33rd St, Miami, FL 33127

T4-R zoning supports construction of up to four stories and approximately 15 units.

Property Size1,176 SF
Lot Size0.12 Acres
Price / SF$1,360
Days on Market604

Property Features for 70 NW 33rd St

General Information

Standard status Active
Size 1,176 SF
Lot size 0.12 Acres
Property subtype Duplex
Zoning T4-R

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA (efficiency)
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $11,114

Building Details

Building Size 1,176 SF
Year Built 1949
Buildings 1
Listing Agency: FGI Realty
Listed By: Clara Ines Fernandez · License #3271984
Source: Allyandaj
Added: Feb 24, 2025 Changed: Oct 14 Last Checked: Oct 21 at 4:33AM

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 FGI Realty

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Investment Insights

Based on property information with market context.

This Miami duplex property includes a 1,176-square-foot existing structure on a 5,400-square-foot lot. The layout combines a two-bedroom, one-bath residence with a separate one-bedroom, one-bath efficiency that has its own entrance, allowing the spaces to be rented independently. The existing improvements are described as being in excellent condition.

T4-R zoning permits development of up to four stories and approximately 15 units, creating a second development path alongside the current income-producing configuration. The property is near Midtown and the Design District, with nearby stores, bars, and museums. Major expressways provide access to the surrounding area, while Brickell and Miami International Airport are identified as nearby destinations.

Key Highlights

  • T4‑R zoning allows up to 4 stories and approximately 15 units
  • 5,400‑square‑foot lot with existing 1,176 SF structure
  • Current layout includes a 2/1 residence and a separate 1/1 efficiency

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

7,612
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - T4-R zoning supports construction of up to four stories and approximately 15 units.
Where is this duplex located?
The property is located at 70 NW 33rd St Miami, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: T4‑R zoning allows up to 4 stories and approximately 15 units; 5,400‑square‑foot lot with existing 1,176 SF structure; Current layout includes a 2/1 residence and a separate 1/1 efficiency
More about this property
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