Brand-New Duplex with Private
136-138 Northwest 164th Street Miami, FL 33169
For Sale
$1,079,900
New construction duplex offers two units, each with 3 bedrooms and 2 bathrooms, plus private driveways.
Property Size2,540 SF
Price / SF$425.16
Days on Market10
Property Features for 136-138 Northwest 164th Street
General Information
- Standard status
- Active
- Size
- 2,540 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 2027
Listing Agency:
Cosmopolis Real Estate, LLC
(305) 200-4663
Listed By:
Alicia Ale · License #3336297
(305) 200-4663
Source:
Compass
Added: Jul 14
Changed: Jul 21
Last Checked: Jul 23 at 10:37AM
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 Cosmopolis Real Estate, LLC
Investment Insights
Based on property information with market context.
This property is a brand-new duplex currently under construction, designed as two separate residences. Each unit is planned with 3 bedrooms and 2 bathrooms, with an open-concept layout that includes spacious living and dining areas. Contemporary kitchens with quality finishes are part of each residence, and each primary suite includes a private en-suite bath. The build includes impact windows and doors, energy-efficient construction, and private driveways for added everyday convenience.
Located in the 33169 area, the property is described as having convenient access to major highways and to local shopping, dining, schools, and parks, providing straightforward connectivity throughout Miami-Dade and Broward counties.
The duplex configuration supports either an owner-occupant setup or a rental-focused approach, with one unit live-in potential and the other unit positioned for income within the same newly constructed asset. Builder incentives are noted as available; contact Bluenest for details.
Located in the 33169 area, the property is described as having convenient access to major highways and to local shopping, dining, schools, and parks, providing straightforward connectivity throughout Miami-Dade and Broward counties.
The duplex configuration supports either an owner-occupant setup or a rental-focused approach, with one unit live-in potential and the other unit positioned for income within the same newly constructed asset. Builder incentives are noted as available; contact Bluenest for details.
Key Highlights
- Duplex under construction (Year built: 2027) with two units on private driveways
- Each unit features 3 bedrooms and 2 bathrooms with approximately 1,270 sq. ft.
- Open‑concept layout with spacious living and dining areas and contemporary kitchens with quality finishes
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 | $77.7k | $30.60 |
| − Vacancy | −$5.0k | −$1.95 |
| EGI | $72.8k | $28.65 |
| − OpEx | −$21.8k | −$8.60 |
| NOI | $50.9k | $20.06 |
2,540 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$727.7K
$636.8K – $849.0K
NOI $50,941 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$670.3K
$586.5K – $782.0K
NOI $46,922 @ 7.0% cap · market cap 4.35%
Theoretical Best
Specialty Retail
$1.71M
$1.50M – $2.00M
NOI $120,016 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - New construction duplex offers two units, each with 3 bedrooms and 2 bathrooms, plus private driveways.
Where is this duplex located?
The property is located at 136-138 Northwest 164th Street Miami, FL.
What is the asking price?
The asking price for this property is $1,079,900.
What are key features of this property?
This property features: Duplex under construction (Year built: 2027) with two units on private driveways; Each unit features 3 bedrooms and 2 bathrooms with approximately 1,270 sq. ft.; Open‑concept layout with spacious living and dining areas and contemporary kitchens with quality finishes
