Partially Remodeled Duplex
1450 Northwest 35th Street Miami, FL 33142
For Sale
$679,900
Legal duplex with impact windows, newer roof, and recent interior updates including new floors and plumbing.
Property Size1,825 SF
Price / SF$372.55
Days on Market344
Property Features for 1450 Northwest 35th Street
General Information
- Standard status
- Active
- Size
- 1,825 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1950
Listing Agency:
ACE Florida Realty, LLC
(786) 999-8359
Listed By:
Diana Rodriguez · License #3113125
(786) 999-8359
Source:
Compass
Added: Aug 15, 2025
Changed: Jul 21
Last Checked: Jul 23 at 7:26AM
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 ACE Florida Realty, LLC
Investment Insights
Based on property information with market context.
This legal duplex offers a 3/2 unit and a 1/1 unit. The property is partially remodeled and includes impact windows, recently painted interiors, and new floors. Recent improvements also include new plumbing, additional impact windows, and AC units that were recently serviced, along with a roof that is less than 10 years old.
The property is centrally located near Wynwood, the Miami River, Brickell, and Miami International Airport. There is no association, which may simplify ownership and operations.
The layout supports two separate residential units within one legal duplex structure, making it well suited for an income-focused buyer who wants both units under the same ownership.
The property is centrally located near Wynwood, the Miami River, Brickell, and Miami International Airport. There is no association, which may simplify ownership and operations.
The layout supports two separate residential units within one legal duplex structure, making it well suited for an income-focused buyer who wants both units under the same ownership.
Key Highlights
- Legal duplex (3/2 + 1/1) generating $63,540 gross annual income
- Impact windows throughout and interior updates including new floors, new plumbing, and recent painting
- Roof is less than 10 years old
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 | $55.8k | $30.60 |
| − Vacancy | −$3.6k | −$1.95 |
| EGI | $52.3k | $28.65 |
| − OpEx | −$15.7k | −$8.60 |
| NOI | $36.6k | $20.06 |
1,825 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$522.9K
$457.5K – $610.0K
NOI $36,601 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$481.6K
$421.4K – $561.9K
NOI $33,714 @ 7.0% cap · market cap 4.96%
Theoretical Best
Specialty Retail
$1.23M
$1.08M – $1.44M
NOI $86,232 @ 7.0% cap · market cap 12.68%
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 - Legal duplex with impact windows, newer roof, and recent interior updates including new floors and plumbing.
Where is this duplex located?
The property is located at 1450 Northwest 35th Street Miami, FL.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Legal duplex (3/2 + 1/1) generating $63,540 gross annual income; Impact windows throughout and interior updates including new floors, new plumbing, and recent painting; Roof is less than 10 years old
