Two-Unit Duplex
For Sale
$680,000
Pending
14801-03 NE 7th Avenue, Miami, FL 33161
Each residence provides three bedrooms, two bathrooms, and a functional layout for rental occupancy.
Property Size2,356 SF
Days on Market69
Property Features for 14801-03 NE 7th Avenue
General Information
Standard status
Pending
Size
2,356 SF
Property subtype
Duplex
Building Details
Year Built
1992
Listing Agency:
The Pampas Real Estate Group, LLC.
(561) 234-7771
Listed By:
Luis Compagno Cabral · License #3428448
(561) 846-0861
Source:
Lehmannflorida
Added: Aug 24
Changed: Oct 31
Last Checked: Oct 30 at 3:14PM
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 The Pampas Real Estate Group, LLC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-unit duplex property contains 2,356 square feet and was built in 1992. Each residence is configured with three bedrooms and two bathrooms, providing a consistent layout across both units. The property is positioned near shops, schools, and main roads in Miami, with the address at 14801-03 NE 7th Avenue. Its duplex configuration and residential floor plans support rental use, while the matching bedroom and bathroom count creates a straightforward property profile for evaluating both residences together.
Key Highlights
- Two‑unit duplex configuration
- Each unit includes 3 bedrooms and 2 bathrooms
- 2,356 square feet of property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,251
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$945,020
$945.0K
Cap Rate 7%
$675,014
$675.0K
Cap Rate 9%
$525,011
$525.0K
Market Conditions
NOI Build-Up for 2,356 SF
Gross rent
$72.1K $30.60/SF
− Vacancy
−$4.6K −$1.95/SF
EGI
$67.5K $28.65/SF
− OpEx
−$20.3K −$8.60/SF
NOI
$47.3K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$945,020
Cap Rate 7%
$675,014
Cap Rate 9%
$525,011
Alternative Uses
Best Use
Multifamily LT 5
$675.0K
$590.6K – $787.5K
NOI $47,251 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$621.8K
$544.0K – $725.4K
NOI $43,523 @ 7.0% cap · market cap 6.40%
Theoretical Best
Specialty Retail
$1.59M
$1.39M – $1.86M
NOI $111,322 @ 7.0% cap · market cap 16.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
480
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence provides three bedrooms, two bathrooms, and a functional layout for rental occupancy.
Where is this duplex located?
The property is located at 14801-03 NE 7th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Each unit includes 3 bedrooms and 2 bathrooms; 2,356 square feet of property size
