Income-Producing Duplex
1419 SW 76th Ct Miami, FL 33144
For Sale
Contact for pricing
Fully income-producing duplex with two units and private entrances, generating combined projected monthly rental income.
Property Size2,310 SF
Price / SF$362.34
Days on Market21
Property Features for 1419 SW 76th Ct
General Information
- Standard status
- Active
- Size
- 2,310 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1958
Listing Agency:
Coldwell Banker Realty
(305) 305-8003
Listed By:
Orelvys Sanabria · License #3046618
Source:
Crexi
Added: Jul 3
Changed: Jul 22
Last Checked: Jul 22 at 8:17AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This fully income-producing duplex features two separate units, each with its own private entrance. The larger unit offers 3 bedrooms and 2 bathrooms with projected monthly rental income of $3,500. The second unit is a 1-bedroom, 1-bathroom layout with projected monthly rental income of $1,500.
Located at 1419 SW 76th Ct in Miami, the property provides convenient access to major routes including the Palmetto Expressway and US-1. It is also positioned near Coral Gables and the University of Miami, with nearby access to Bird Road retail, local schools, and parks.
Each unit is configured as a separate rental space, supporting a straightforward duplex setup for income generation.
Located at 1419 SW 76th Ct in Miami, the property provides convenient access to major routes including the Palmetto Expressway and US-1. It is also positioned near Coral Gables and the University of Miami, with nearby access to Bird Road retail, local schools, and parks.
Each unit is configured as a separate rental space, supporting a straightforward duplex setup for income generation.
Key Highlights
- Fully income‑producing duplex built in 1958 with 2 units and private entrances
- Larger unit: 3 bed, 2 bath, currently projected at $3,500/month in rental income
- Second unit: 1 bed, 1 bath, currently projected at $1,500/month in rental income
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 | $70.7k | $30.60 |
| − Vacancy | −$4.5k | −$1.95 |
| EGI | $66.2k | $28.65 |
| − OpEx | −$19.9k | −$8.60 |
| NOI | $46.3k | $20.06 |
2,310 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$661.8K
$579.1K – $772.1K
NOI $46,328 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$609.6K
$533.4K – $711.2K
NOI $42,674 @ 7.0% cap · market cap 5.10%
Theoretical Best
Specialty Retail
$1.56M
$1.36M – $1.82M
NOI $109,149 @ 7.0% cap · market cap 13.04%
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 - Fully income-producing duplex with two units and private entrances, generating combined projected monthly rental income.
Where is this duplex located?
The property is located at 1419 SW 76th Ct Miami, FL.
What is the asking price?
The asking price for this property is $837,000.
What are key features of this property?
This property features: Fully income‑producing duplex built in 1958 with 2 units and private entrances; Larger unit: 3 bed, 2 bath, currently projected at $3,500/month in rental income; Second unit: 1 bed, 1 bath, currently projected at $1,500/month in rental income
