Brand-New Duplex Under
136-138 NW 164 St Miami, FL 33169
New
136-138 NW 164 St, Miami, FL, 33169
$1,079,900
For Sale
$1,079,900
MULTI_FAMILY - Miami, FL
Property Size2,540 SF
Price / SF$425.16
Days on Market2
Property Features for 136-138 NW 164 St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Property condition
- Under Construction
- Parking
- 4
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 110-120 NW 164 ST CONDO BISCAYNE GARDENS SEC C PB 40-54 E1/2 OF E17.92FT OF LOT 715 & ALL LOT 716 AS DESC IN DECL OR 34542-2900 LOT SIZE 105
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2027
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Flat, Tile
Listing Agency
Cosmopolis Real Estate, LLC
(305) 200-4663
17124 SW 80th Court, Miami, FL
Listed by
Alicia Ale · License #3336297
(305) 586-4160
Added: Jul 17 Checked: Jul 18 at 9:06 am
MLS# A12055453
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex is under construction and will include two separate residences. Each unit is planned with three bedrooms and two bathrooms, with an open-concept layout that connects spacious living and dining areas to contemporary kitchens. The primary suite includes a private en-suite bath, and impact windows and doors are planned as part of the build. Private driveways are also included.
Located at 136-138 NW 164 St in Miami (33169), the property is described as convenient to major highways, shopping, dining, schools, and parks, with access throughout Miami-Dade and Broward counties.
From a practical layout standpoint, the configuration provides two independent homes within one duplex site, supporting flexibility for an owner-occupant and a rental unit.
Located at 136-138 NW 164 St in Miami (33169), the property is described as convenient to major highways, shopping, dining, schools, and parks, with access throughout Miami-Dade and Broward counties.
From a practical layout standpoint, the configuration provides two independent homes within one duplex site, supporting flexibility for an owner-occupant and a rental unit.
Key Highlights
- Under construction duplex built in 2027 with block construction and tile/flat tile roof
- Each unit planned with 3 bedrooms and 2 bathrooms and approximately 1,270 sq. ft.
- Open‑concept layout with spacious living and dining areas and contemporary kitchens with quality finishes
Local 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
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex under construction with two 3-bedroom, 2-bath residences, featuring open-concept living and private driveways.
Where is this duplex located?
The property is located at 136-138 NW 164 St 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: Under construction duplex built in 2027 with block construction and tile/flat tile roof; Each unit planned with 3 bedrooms and 2 bathrooms and approximately 1,270 sq. ft.; Open‑concept layout with spacious living and dining areas and contemporary kitchens with quality finishes
