Updated Duplex with Separate
For Sale
$560,000
1400 NW 55th St, Miami, FL 33142
Residential Income, Miami, FL
Property Size1,120 SF
Price / SF$500
Days on Market97
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 1, Bedroom 2
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
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
electricity
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
Electric, Ceiling Fan(s)
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: Oct 30
Last Checked: Oct 30 at 8:06PM
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.
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Investment Insights
Based on property information with market context.
This legal duplex contains 1,120 square feet and was built in 1953, with contemporary updates, block construction, vinyl flooring, and a concrete roof. The property includes two bedrooms and two bathrooms, along with a porch, patio, fenced exterior, lighting, a shed, and security/high-impact doors. Electric heating, electric cooling, and ceiling fans serve the building.
Each unit has its own electric meter, which separates utility measurement between residences. Both units are occupied by long-term tenants who have expressed interest in remaining. Public water and public sewer serve the property, and cable service is available. The address is 1400 NW 55th St in Miami, Florida 33142.
Each unit has its own electric meter, which separates utility measurement between residences. Both units are occupied by long-term tenants who have expressed interest in remaining. Public water and public sewer serve the property, and cable service is available. The address is 1400 NW 55th St in Miami, Florida 33142.
Key Highlights
- Legal duplex with 1,120 square feet, built in 1953
- Both units occupied by long‑term tenants who would like to remain
- Separate electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,462
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,240
$449.2K
Cap Rate 7%
$320,886
$320.9K
Cap Rate 9%
$249,578
$249.6K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$34.3K $30.60/SF
− Vacancy
−$2.2K −$1.95/SF
EGI
$32.1K $28.65/SF
− OpEx
−$9.6K −$8.60/SF
NOI
$22.5K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,240
Cap Rate 7%
$320,886
Cap Rate 9%
$249,578
Alternative Uses
Best Use
Multifamily LT 5
$320.9K
$280.8K – $374.4K
NOI $22,462 @ 7.0% cap · market cap 4.01%
Second Best
Apartment 5plus
$295.6K
$258.6K – $344.8K
NOI $20,690 @ 7.0% cap · market cap 3.69%
Theoretical Best
Specialty Retail
$756.0K
$661.5K – $882.0K
NOI $52,921 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied property with fenced grounds, patio, and public water and sewer service.
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 $560,000.
What are key features of this property?
This property features: Legal duplex with 1,120 square feet, built in 1953; Both units occupied by long‑term tenants who would like to remain; Separate electric meters for each unit
