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1428 Southwest 20th Street, Miami, FL, 33145
Duplex with Private Backyards

1428 Southwest 20th Street Miami, FL 33145

For Sale
$1,180,000

Well-maintained duplex with impact windows and each unit offers three bedrooms, two full baths, and private outdoor space.

Property Size2,420 SF
Price / SF$487.60
Days on Market195

Property Features for 1428 Southwest 20th Street

General Information

Standard status
Active
Size
2,420 SF
Property subtype
Multi-Family Income / Duplex

Building Details

Year Built
1939
Listing Agency: Realty One Group Evolution
Listed By: Dariel Trujillo Chacon PA · License #3457192
Source: Compass
Added: Jan 10 Changed: Jul 23 Last Checked: Jul 23 at 9:47AM

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 Realty One Group Evolution


Investment Insights

Based on property information with market context.

Well-maintained duplex suitable for investor or extended-family use. The property features impact windows and doors throughout. Each unit is configured with three bedrooms and two full bathrooms, along with a lateral hall and private backyard space. A covered terrace with a brand-new aluminum pergola is included in the private outdoor area.

The duplex is located in Shenandoah, about two miles from Brickell, Coconut Grove, and Coral Gables. Each unit provides three parking spaces, and the property is described as easy to show.

With consistent unit layouts and dedicated parking per unit, the duplex offers a straightforward live-in-and-rent arrangement or rental-focused ownership.

Key Highlights

  • Well‑maintained duplex built in 1939 in Miami’s Shenandoah neighborhood
  • Each unit features 3 bedrooms and 2 full bathrooms
  • Impact windows and doors throughout the property

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 $74.1k $30.60
− Vacancy −$4.7k −$1.95
EGI $69.3k $28.65
− OpEx −$20.8k −$8.60
NOI $48.5k $20.06
2,420 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$693.3K
$606.7K – $808.9K (±1% cap)
NOI $48,534 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$638.7K
$558.8K – $745.1K (±1% cap)
NOI $44,706 @ 7.0% cap · market cap 3.79%
Theoretical Best
Specialty Retail
$1.63M
$1.43M – $1.91M (±1% cap)
NOI $114,346 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Locksmith Daycare Center Auto Parts Store Veterinary Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Garden Center Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex with impact windows and each unit offers three bedrooms, two full baths, and private outdoor space.
Where is this duplex located?
The property is located at 1428 Southwest 20th Street Miami, FL.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1939 in Miami’s Shenandoah neighborhood; Each unit features 3 bedrooms and 2 full bathrooms; Impact windows and doors throughout the property
More about this property
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