Miami Duplex Investment
For Sale
$650,000
1410 Southwest 22nd Avenue, Miami, FL 33145
Income-generating duplex in a rapidly growing Miami area.
Property Size3,059 SF
Price / SF$212.49
Days on Market236
Property Features for 1410 Southwest 22nd Avenue
General Information
Standard status
Active
Size
3,059 SF
Property subtype
Residential Income / Duplex
Taxes and HOA fees
Annual Taxes
$7,573
Building Details
Year Built
1950
Listing Agency:
Volante Realty Group LLC
Listed By:
Francisco Haedo · License #3487882
(786) 290-9330
Source:
Compass
Added: Feb 27
Changed: Oct 13
Last Checked: Oct 20 at 11:03PM
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 Volante Realty Group LLC
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Investment Insights
Based on property information with market context.
This duplex presents an investment opportunity in Miami. The property is situated in a rapidly growing area with multiple new construction projects nearby. The property is income-generating.
Key Highlights
- Income‑generating duplex.
- Exceptional investment opportunity.
- Located in the heart of Miami.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,510
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,130,200
$1.1M
Cap Rate 7%
$807,286
$807.3K
Cap Rate 9%
$627,889
$627.9K
Market Conditions
NOI Build-Up for 3,059 SF
Gross rent
$110.1K $36.00/SF
− Vacancy
−$7.4K −$2.41/SF
EGI
$102.7K $33.59/SF
− OpEx
−$46.2K −$15.11/SF
NOI
$56.5K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,130,200
Cap Rate 7%
$807,286
Cap Rate 9%
$627,889
Alternative Uses
Best Use
Multifamily LT 5
$876.4K
$766.9K – $1.02M
NOI $61,350 @ 7.0% cap · market cap 9.44%
Second Best
Apartment 5plus
$807.3K
$706.4K – $941.8K
NOI $56,510 @ 7.0% cap · market cap 8.69%
Theoretical Best
Specialty Retail
$2.06M
$1.81M – $2.41M
NOI $144,539 @ 7.0% cap · market cap 22.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
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Business Placement
Demographics for 33145, FL
29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
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
Frequently Asked Questions
What type of property is this?
Duplex - Income-generating duplex in a rapidly growing Miami area.
Where is this duplex located?
The property is located at 1410 Southwest 22nd Avenue Miami, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Income‑generating duplex.; Exceptional investment opportunity.; Located in the heart of Miami.
