Duplex with Impact
1510 NE 136th Street, North Miami, FL 33161
For Sale
$610,000
Both residences offer two-bedroom, one-bathroom layouts, with impact-rated windows and doors and a recently installed roof.
Property Size2,179 SF
Price / SF$279.94
Days on Market59
Property Features for 1510 NE 136th Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Tenant in Place
Amenities
hurricane impact windows
impact doors
new roof
Building Details
Year Built
Listing Agency:
Evernova Realty LLC
(305) 396-3200
Listed By:
Frantz Laurent · License #3437351
(954) 588-8969
Source:
Wycliffecommunityrealty
Added: Sep 10
Changed: Nov 7
Last Checked: Nov 7 at 9:26AM
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 Evernova Realty LLC
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Investment Insights
Based on property information with market context.
This North Miami duplex contains 2,179 square feet and was built in 1960. The property has two units, each arranged with two bedrooms and one bathroom. Hurricane-impact windows and doors are installed, and the roof is new.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 2,179 square feet
- Hurricane‑impact windows and doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,323
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,460
$726.5K
Cap Rate 7%
$518,900
$518.9K
Cap Rate 9%
$403,589
$403.6K
Market Conditions
NOI Build-Up for 2,179 SF
Gross rent
$54.9K $25.20/SF
− Vacancy
−$3.0K −$1.39/SF
EGI
$51.9K $23.81/SF
− OpEx
−$15.6K −$7.14/SF
NOI
$36.3K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,460
Cap Rate 7%
$518,900
Cap Rate 9%
$403,589
Alternative Uses
Best Use
Multifamily LT 5
$518.9K
$454.0K – $605.4K
NOI $36,323 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$478.7K
$418.9K – $558.5K
NOI $33,512 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$1.11M
$967.3K – $1.29M
NOI $77,385 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,165
Businesses Nearby
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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
$376,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Miami-Dade County, FL
Properties on Market for Duplexes in Miami-Dade County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two-bedroom, one-bathroom layouts, with impact-rated windows and doors and a recently installed roof.
Where is this duplex located?
The property is located at 1510 NE 136th Street North Miami, FL.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 2,179 square feet; Hurricane‑impact windows and doors
