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Two-Unit Duplex

1440-1444 NE 147 STREET, North Miami Beach, FL 33161

For Sale
$999,999

New construction offers a single-story, tiled layout with both units currently rented.

Property Size3,200 SF
Price / SF$312.50
Days on Market126

Property Features for 1440-1444 NE 147 STREET

General Information

Standard status Active
Size 3,200 SF
Property subtype Duplex

Additional Details

Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,395

Building Details

Building Size 3,200 SF
Year Built 2026
Buildings 1
Stories 1
Listing Agency: Titan Properties
Listed By: Mildred March · License #0643260
Source: Debuirerealty
Added: Jul 7 Changed: Nov 7 Last Checked: Nov 8 at 3:11PM

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 Titan Properties

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Investment Insights

Based on property information with market context.

This newly constructed duplex contains two units with a combined eight bedrooms and four bathrooms. Each side is arranged with four bedrooms and two bathrooms, and the single-story interiors have tile flooring throughout. The building contains 3,200 square feet and was built in 2026.

The property is in North Miami Beach, next to Biscayne Boulevard. Both units are currently rented.

Key Highlights

  • Two units with four bedrooms and two bathrooms per side
  • 3,200‑square‑foot building completed in 2026
  • Single‑story construction with tile flooring throughout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,656
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,120 $993.1K
Cap Rate 7%
$709,371 $709.4K
Cap Rate 9%
$551,733 $551.7K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$96.8K $30.24/SF
− Vacancy
−$6.5K −$2.03/SF
EGI
$90.3K $28.21/SF
− OpEx
−$40.6K −$12.70/SF
NOI
$49.7K $15.52/SF
Area
Miami-Dade County, FL
Vacancy
6.70%
Lease Rate
$30.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,120
Cap Rate 7%
$709,371
Cap Rate 9%
$551,733

Alternative Uses

Best Use
Apartment 5plus
$709.4K
$620.7K – $827.6K (±1% cap)
NOI $49,656 @ 7.0% cap · market cap 4.97%
Second Best
Multifamily LT 5
$536.7K
$469.6K – $626.2K (±1% cap)
NOI $37,569 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M (±1% cap)
NOI $122,321 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,165
Businesses Nearby

Demographics for 33161, FL

53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Miami-Dade County, FL

$490 Jul
$477 Aug
$466 Sep
$472 Oct

Properties on Market for Duplexes in Miami-Dade County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - New construction offers a single-story, tiled layout with both units currently rented.
Where is this duplex located?
The property is located at 1440-1444 NE 147 STREET North Miami Beach, FL.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two units with four bedrooms and two bathrooms per side; 3,200‑square‑foot building completed in 2026; Single‑story construction with tile flooring throughout
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