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Duplex with In-Unit Laundry

1457-1459 NW 2ND AVE, Florida City, FL 33034

For Sale
$735,000

Residential Income, Florida City, FL

Property Size2,582 SF
Price / SF$284.66
Days on Market52

Property Features for 1457-1459 NW 2ND AVE

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description R2
Bedrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 6, Bedroom 3
Parking 6
Subdivision CORAL BAY MANOR
Lot features < 1/4 Acre
Standard status Active
APN 16-78-24-020-0580
Size 2,582 SF

Taxes and HOA fees

Tax Year 2025
Tax Description CORAL BAY MANOR PB 57-40 LOT 18 BLK 3 LOT SIZE 6000 SQFT
Tax Annual Amount 9300
Legal Description CORAL BAY MANOR PB 57-40 LOT 18 BLK 3 LOT SIZE 6000 SQFT

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Amenities

washer and dryer

Building Details

Year built 2025
Floors in Building 2
Flooring type Laminate
Building materials CBS (Concrete Block Structure), Block
Roof type Shingle
Buildings 1
Listing Agency: Florida Realty of Miami Corp
Listed By: Brinnibert Pimentel PA · License FL #3412731
Added: Sep 25 Changed: Nov 15 Last Checked: Nov 15 at 2:06AM
MLS# A12095593

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.

Rey
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Investment Insights

Based on property information with market context.

Under construction at 1457-1459 NW 2nd Ave, this 2,582-square-foot duplex is planned for completion in 2025. The two residences have open-concept living areas, three bedrooms and two full bathrooms plus a half bath apiece. Washer and dryer sets are provided in both units. Construction is CBS, with laminate flooring, central heating and central air conditioning.

The property is in Florida City, near major highways, shopping, dining and schools, with the Florida Keys also noted among nearby destinations. Public sewer and cable availability are listed, and the property has no HOA.

Together, the residences provide six bedrooms, four full bathrooms and two half bathrooms. The configuration includes separate living spaces and laundry equipment for each unit.

Key Highlights

  • 2,582‑square‑foot duplex under construction; year built listed as 2025
  • Two residences, each with 3 bedrooms and 2 full bathrooms plus 1 half bathroom
  • Combined total of 6 bedrooms, 4 full bathrooms and 2 half bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,067
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$801,340 $801.3K
Cap Rate 7%
$572,386 $572.4K
Cap Rate 9%
$445,189 $445.2K
Market Conditions
NOI Build-Up for 2,582 SF
Gross rent
$78.1K $30.24/SF
− Vacancy
−$5.2K −$2.03/SF
EGI
$72.8K $28.21/SF
− OpEx
−$32.8K −$12.70/SF
NOI
$40.1K $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%
$801,340
Cap Rate 7%
$572,386
Cap Rate 9%
$445,189

Alternative Uses

Best Use
Apartment 5plus
$572.4K
$500.8K – $667.8K (±1% cap)
NOI $40,067 @ 7.0% cap · market cap 5.45%
Second Best
Multifamily LT 5
$433.1K
$378.9K – $505.2K (±1% cap)
NOI $30,314 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,698 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

913
Businesses Nearby

Demographics for 33034, FL

22,850
Population
6,631
Households
3.4
Avg Household Size
34
Median Age
9%
College-Educated
65%
High-School Grad
1,173.1 sq mi
ZIP Area
19
Density / Sq Mi
$46,404
Median Household Income
$31,712
Median Earnings
$1,283
Median Rent
$310,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each residence has three bedrooms and its own washer and dryer.
Where is this duplex located?
The property is located at 1457-1459 NW 2ND AVE Florida City, FL.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: 2,582‑square‑foot duplex under construction; year built listed as 2025; Two residences, each with 3 bedrooms and 2 full bathrooms plus 1 half bathroom; Combined total of 6 bedrooms, 4 full bathrooms and 2 half bathrooms
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