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    Income Duplex With Independent Meters Title is generated by Realmo AI

    1436 NW 51st Ter, Miami, FL 33142

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    Claim this Listing
    New
    For Sale
    $598,900

    MULTI_FAMILY - Miami, FL

    Property size:
    1,548 SF
    Price / SF:
    $386/SF
    Added:
    Jun 26, 2026
    Days on Market:
    6
    Last Refresh:
    Jul 1 at 9:06 pm

    Property Features for 1436 NW 51st Ter

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 3
    Standard status
    Active
    APN
    01-31-23-014-0460
    Size
    1,548 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    FAIR HAVEN GDNS PB 6-76 LOT 6 BLK 3 LOT SIZE 50.000 X 110 OR 20819-0742 10 2002 4 COC 23820-2296 09 2005 1
    Tax Annual Amount
    3695

    Building Details

    Year built
    1926
    Floors in Building
    2

    We can help!

    Contact an agent
    Yimandra Serrano

    Listing agent Yimandra Serrano License #3415874

    Listing office Grand Realty of America, Corp. 19300 W Dixie Hwy Ste12, North Miami Beach, FL

    Listing date Jun 26, 2026

    MLS# A11977897 Listing URL

    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.

    HighLights

    • 1926‑built duplex with 2 units and impact windows
    • First unit: 2 bedrooms plus a studio that may be used as an extra bedroom, living room, full kitchen, and 1 bathroom
    • Second unit: 2 bedrooms, living room, full kitchen, and 1 bathroom
    • Independent meters, plus a dedicated laundry room and ACs
    • Fairly new roof and freshly painted full structure
    • Large fenced lot with driveway for up to 3 vehicles; new kitchen cabinets and toilets; appliances included

    Overview

    This for-sale duplex includes two residential units with functional interior layouts. The first unit offers two bedrooms plus a studio that may serve as an additional bedroom, along with a living room, full kitchen, and one bathroom. The second unit includes two bedrooms, a living room, full kitchen, and one bathroom. Both units have independent meters, and the property includes a dedicated laundry room and ACs. Exterior improvements include a fairly new roof, impact windows throughout, and a freshly painted full structure. Additional updates include new kitchen cabinets and new toilets, and appliances are included with the sale.

    The property is located at 1436 NW 51st Ter in Miami, Florida, in Miami-Dade County. It sits on a large, completely fenced lot, and the driveway provides enough space for up to three vehicles.

    For buyers seeking a residential income property, the duplex configuration provides two separate units with independent metering and separate living spaces. The inclusion of appliances, along with the roof and window updates and overall refreshed exterior, can help reduce near-term maintenance considerations for an owner-occupant or investor. The property is rented month to month, with tenants able to stay or leave depending on the buyer’s plans.

    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 (±1% cap)
    NOI $31,046 @ 7.0% cap · market cap 5.18%
    Second Best
    Apartment 5plus
    $408.5K
    $357.5K – $476.6K (±1% cap)
    NOI $28,597 @ 7.0% cap · market cap 4.77%
    Theoretical Best
    Specialty Retail
    $1.04M
    $914.3K – $1.22M (±1% cap)
    NOI $73,144 @ 7.0% cap · market cap 12.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.221052
    Latitude
    25.822134

    FAQs

    What type of property is this?
    Duplex - Duplex with two units, independent meters, updated roof and impact windows, plus fenced lot and laundry facilities.
    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: 1926‑built duplex with 2 units and impact windows; First unit: 2 bedrooms plus a studio that may be used as an extra bedroom, living room, full kitchen, and 1 bathroom; Second unit: 2 bedrooms, living room, full kitchen, and 1 bathroom
    More about this property
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