New
For Sale
$335,000
15410 Nw 29th Ct, Miami Gardens, FL
One of the two units has an existing tenant.
Property Size1,352 SF
Price / SF$247.78
Days on Market6
Property Features for 15410 Nw 29th Ct
General Information
Standard status
Active
Size
1,352 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$8,312
Listing Agency:
Trustee Realty Inc.
Listed By:
Jason Welt · License #3035025
(954) 803-0790
Source:
Exprealty
Added: Oct 7
Changed: Oct 11
Last Checked: Oct 11 at 2:41PM
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 Trustee Realty Inc.
Investment Insights
Based on property information with market context.
The property is a duplex with an existing tenant in one unit. It is offered through a bankruptcy auction and is located at 15410 NW 29th Ct in Miami Gardens, Florida.
Key Highlights
- Existing tenant in one of the two units
- Bankruptcy auction sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,298
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,960
$386.0K
Cap Rate 7%
$275,686
$275.7K
Cap Rate 9%
$214,422
$214.4K
Market Conditions
NOI Build-Up for 1,352 SF
Gross rent
$28.4K $21.00/SF
− Vacancy
−$823 −$0.61/SF
EGI
$27.6K $20.39/SF
− OpEx
−$8.3K −$6.12/SF
NOI
$19.3K $14.27/SF
Area
Miami Gardens, FL
Vacancy
2.90%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,960
Cap Rate 7%
$275,686
Cap Rate 9%
$214,422
Alternative Uses
Best Use
Multifamily LT 5
$275.7K
$241.2K – $321.6K
NOI $19,298 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$256.8K
$224.7K – $299.6K
NOI $17,977 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$402.5K
$352.2K – $469.6K
NOI $28,176 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,491
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - One of the two units has an existing tenant.
Where is this duplex located?
The property is located at 15410 Nw 29th Ct Miami Gardens, FL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Existing tenant in one of the two units; Bankruptcy auction sale
