Corner Duplex with Central
For Sale
Under Contract
$720,000
15700 NW 37th Pl, Miami Gardens, FL 33054
Residential Income, Miami Gardens, FL
Property Size2,664 SF
Price / SF$270.27
Days on Market92
Property Features for 15700 NW 37th Pl
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 6, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3
Parking
6
Subdivision
VENETIAN GARDENS ACRESPB
Lot features
Corner Lot, Oversized Lot, < 1/4 Acre
Standard status
Active Under Contract
APN
34-21-17-003-1530
Size
2,664 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
VENETIAN GDNS ACRES PB 44-81 LOT 9 BLK 13 LOT SIZE 95.000 X 120 FAU 34-2117-003-1520 OR 25403-4404 0207 2
Tax Annual Amount
13969
Legal Description
VENETIAN GDNS ACRES PB 44-81 LOT 9 BLK 13 LOT SIZE 95.000 X 120 FAU 34-2117-003-1520 OR 25403-4404 0207 2
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2010
Floors in Building
1
Flooring type
Terrazzo
Building materials
Block
Roof type
Shingle
Listing Agency:
Results Realty of Dade County
(305) 821-0807
Listed By:
Juana Maria Gonzalez · License #412009
(305) 343-8313
Added: Jul 18
Changed: Oct 13
Last Checked: Oct 17 at 12:06AM
MLS# A12020578
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.
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Investment Insights
Based on property information with market context.
Built in 2010, this 2,664-square-foot duplex contains two separate residences, each arranged with three bedrooms and two bathrooms. Block construction, terrazzo flooring, central heating, central air conditioning, and shingle roofing define the property’s core improvements. Public water service, a septic tank, and cable availability are also reported.
The property is located in Miami Gardens, within Miami-Dade County, and occupies a corner position at 15700 NW 37th Pl. One residence is leased through 12/15/26 under a Sec 8 arrangement, while the other residence, identified as 15710, is vacant. The two-unit configuration provides distinct living spaces within a single multifamily property.
The property is located in Miami Gardens, within Miami-Dade County, and occupies a corner position at 15700 NW 37th Pl. One residence is leased through 12/15/26 under a Sec 8 arrangement, while the other residence, identified as 15710, is vacant. The two-unit configuration provides distinct living spaces within a single multifamily property.
Key Highlights
- 2,664‑square‑foot duplex built in 2010
- Two residences, each with 3 bedrooms and 2 bathrooms
- One side leased under Sec 8 through 12/15/26
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,025
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,500
$760.5K
Cap Rate 7%
$543,214
$543.2K
Cap Rate 9%
$422,500
$422.5K
Market Conditions
NOI Build-Up for 2,664 SF
Gross rent
$55.9K $21.00/SF
− Vacancy
−$1.6K −$0.61/SF
EGI
$54.3K $20.39/SF
− OpEx
−$16.3K −$6.12/SF
NOI
$38.0K $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%
$760,500
Cap Rate 7%
$543,214
Cap Rate 9%
$422,500
Alternative Uses
Best Use
Multifamily LT 5
$543.2K
$475.3K – $633.8K
NOI $38,025 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$506.0K
$442.8K – $590.4K
NOI $35,423 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$793.1K
$694.0K – $925.3K
NOI $55,518 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
Demographics for 33054, FL
30,352
Population
10,263
Households
3
Avg Household Size
37
Median Age
10%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
3,613
Density / Sq Mi
$42,779
Median Household Income
$31,147
Median Earnings
$1,346
Median Rent
$291,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence provides a three-bedroom, two-bath layout with central heating and cooling.
Where is this duplex located?
The property is located at 15700 NW 37th Pl Miami Gardens, FL.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 2,664‑square‑foot duplex built in 2010; Two residences, each with 3 bedrooms and 2 bathrooms; One side leased under Sec 8 through 12/15/26
