Miami Duplex with Income
1436 NW 51st Ter Miami, FL 33142
1436 NW 51st Ter, Miami, FL, 33142
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For Sale
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Cozy duplex in Miami, ideal for income generation or owner-occupancy.
Property Size1,548 SF
Price / SF$386.89
Days on Market131
Property Features for 1436 NW 51st Ter
General Information
- Standard status
- Active
- Size
- 1,548 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1926
Listing Agency
Grand Realty of America, Corp.
Listed by
Yimandra Serrano · License #3415874
Source
Crexi
Added: Mar 7 Checked: Jul 16 at 12:29 pm
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 Grand Realty of America, Corp.
Investment Insights
Based on property information with market context.
This duplex is located in a desired area of Miami. The first unit features 2 bedrooms, a studio that may be used as an extra bedroom, a living room, a full kitchen, and 1 bathroom. The second unit offers 2 bedrooms, a living room, a full kitchen, and 1 bathroom. Both units have independent meters, laundry room and ACs. The property includes a fairly new roof, impact windows, and a freshly painted full structure. A large driveway provides space for 3 vehicles, and the large lot is completely fenced. New kitchen cabinets and toilets have been installed, and all appliances are included with the sale. The property has a size of 1548 square feet and is currently rented month to month. This property presents an opportunity to generate income while growing an asset.
Key Highlights
- Income‑producing duplex in a desirable Miami location.
- Two units, each with 2 bedrooms, living room, full kitchen, and 1 bathroom.
- Independent meters, laundry room, and ACs for each unit.
Local 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 | $47.4k | $30.60 |
| − Vacancy | −$3.0k | −$1.95 |
| EGI | $44.4k | $28.65 |
| − OpEx | −$13.3k | −$8.60 |
| NOI | $31.0k | $20.06 |
1,548 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$443.5K
$388.1K – $517.4K
NOI $31,046 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$408.5K
$357.5K – $476.6K
NOI $28,597 @ 7.0% cap · market cap 4.77%
Theoretical Best
Specialty Retail
$1.04M
$914.3K – $1.22M
NOI $73,144 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Cozy duplex in Miami, ideal for income generation or owner-occupancy.
Where is this duplex located?
The property is located at 1436 NW 51st Ter Miami, FL.
What is the asking price?
The asking price for this property is $598,900.
What are key features of this property?
This property features: Income‑producing duplex in a desirable Miami location.; Two units, each with 2 bedrooms, living room, full kitchen, and 1 bathroom.; Independent meters, laundry room, and ACs for each unit.
