Duplex With Two-Bedroom
For Sale
$1,295,000
1704 S Le Jeune Rd, Coral Gables, FL 33134
Two-unit residential property with distinct bedroom and bathroom configurations near shopping, dining, schools, and major roads.
Property Size2,183 SF
Days on Market49
Property Features for 1704 S Le Jeune Rd
General Information
Standard status
Active
Size
2,183 SF
Property subtype
Duplex
Units
Unit Mix
3BR/2BA, 2BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,648
Building Details
Building Size
2,183 SF
Year Built
1960
Listing Agency:
Onyx Realty
Listed By:
Sean Guim · License #3403699
(786) 236-0240
Source:
Vanessafrankmiami
Added: Sep 1
Changed: Oct 17
Last Checked: Oct 16 at 3:55PM
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 Onyx Realty
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Investment Insights
Based on property information with market context.
This duplex contains two residential units: one with three bedrooms and two bathrooms, and another with two bedrooms and two bathrooms. The property was built in 1960 and offers separate unit configurations within a single residential income asset.
The property is situated near shopping, dining, schools, and major roads. Its two-unit layout supports residential income use and provides flexibility for an owner-occupant arrangement, subject to applicable requirements.
The property is situated near shopping, dining, schools, and major roads. Its two-unit layout supports residential income use and provides flexibility for an owner-occupant arrangement, subject to applicable requirements.
Key Highlights
- Two‑unit duplex configuration
- 3‑bedroom, 2‑bath unit
- 2‑bedroom, 2‑bath unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,390
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$727,800
$727.8K
Cap Rate 7%
$519,857
$519.9K
Cap Rate 9%
$404,333
$404.3K
Market Conditions
NOI Build-Up for 2,183 SF
Gross rent
$55.0K $25.20/SF
− Vacancy
−$3.0K −$1.39/SF
EGI
$52.0K $23.81/SF
− OpEx
−$15.6K −$7.14/SF
NOI
$36.4K $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%
$727,800
Cap Rate 7%
$519,857
Cap Rate 9%
$404,333
Alternative Uses
Best Use
Multifamily LT 5
$519.9K
$454.9K – $606.5K
NOI $36,390 @ 7.0% cap · market cap 2.81%
Second Best
Apartment 5plus
$479.6K
$419.7K – $559.6K
NOI $33,573 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$1.11M
$969.1K – $1.29M
NOI $77,527 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
8,316
Businesses Nearby
Explore this area
Business Placement
Demographics for 33134, FL
38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with distinct bedroom and bathroom configurations near shopping, dining, schools, and major roads.
Where is this duplex located?
The property is located at 1704 S Le Jeune Rd Coral Gables, FL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; 3‑bedroom, 2‑bath unit; 2‑bedroom, 2‑bath unit
