Turnkey Duplex with Separate Electric
New
For Sale
$620,000
1400 NW 55th St, Miami, FL 33142
MULTI_FAMILY - Miami, FL
Property Size1,120 SF
Price / SF$553.57
Days on Market6
Property Features for 1400 NW 55th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
0104
Bedrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Parking
4
Security features
Security
Window features
Blinds
Patio and Porch features
Porch, Patio
Exterior features
Fence, Lighting, Porch, Patio, Room For Pool, Shed, Security/High Impact Doors
Fencing
Fenced
Subdivision
MC CALL PARK
Lot features
< 1/4 Acre
Directions
GPS
Standard status
Active
APN
01-31-14-034-0080
Size
1,120 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
14 53 41 MC CALL PARK PB 21-20 N60FT LOTS 13 & 14 BLK 1 LOT SIZE 60.000 X 111 OR 16967-2168 1095 1 COC 25424-1438 02 2007 5
Tax Annual Amount
8691
Legal Description
14 53 41 MC CALL PARK PB 21-20 N60FT LOTS 13 & 14 BLK 1 LOT SIZE 60.000 X 111 OR 16967-2168 1095 1 COC 25424-1438 02 2007 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Ceiling Fan(s), Electric
Water source
Public
Building Details
Year built
1953
Floors in Building
1
Flooring type
Vinyl
Building materials
Block
Roof type
Concrete
Listing Agency:
United Realty Group Inc
(954) 639-7287
Listed By:
Jibelsa Unzalu · License #3375589
(727) 798-9160
Added: Jul 26
Changed: Jul 31
Last Checked: Jul 31 at 10:06PM
MLS# A12058211
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 turnkey duplex at 1400 NW 55th St, Miami, FL 33142 features two units with separately metered electricity. The property is fully occupied by long-term tenants who would like to remain, supporting immediate occupancy from closing. The duplex is constructed with block and includes a concrete roof.
The home is served by public water and public sewer. Heating is electric, and cooling is electric with ceiling fans. Interior finishes include vinyl flooring, and the home has porch and patio outdoor space. Exterior features include fencing, lighting, a shed, and security/high impact doors.
Built in 1953, this duplex is 1,120 SF and includes cable availability. The layout includes two bedrooms and one bathroom per unit, providing a straightforward configuration for an income-producing residential rental asset.
The home is served by public water and public sewer. Heating is electric, and cooling is electric with ceiling fans. Interior finishes include vinyl flooring, and the home has porch and patio outdoor space. Exterior features include fencing, lighting, a shed, and security/high impact doors.
Built in 1953, this duplex is 1,120 SF and includes cable availability. The layout includes two bedrooms and one bathroom per unit, providing a straightforward configuration for an income-producing residential rental asset.
Key Highlights
- 1,120 SF duplex with two separate units
- Separately metered electricity for each unit
- Fully occupied by long‑term tenants who would like to remain
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 | $34.3k | $30.60 |
| − Vacancy | −$2.2k | −$1.95 |
| EGI | $32.1k | $28.65 |
| − OpEx | −$9.6k | −$8.60 |
| NOI | $22.5k | $20.06 |
1,120 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$320.9K
$280.8K – $374.4K
NOI $22,462 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$295.6K
$258.6K – $344.8K
NOI $20,690 @ 7.0% cap · market cap 3.34%
Theoretical Best
Specialty Retail
$756.0K
$661.5K – $882.0K
NOI $52,921 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with separately metered electricity, electric HVAC, and fenced outdoor space with porch and patio.
Where is this duplex located?
The property is located at 1400 NW 55th St Miami, FL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 1,120 SF duplex with two separate units; Separately metered electricity for each unit; Fully occupied by long‑term tenants who would like to remain
