Duplex with Two Two-Bedroom
New
For Sale
$535,000
174 NE 14th Street, Homestead, FL 33030
Two separate residences offer a 2-bedroom, 1-bathroom layout in each unit, with no HOA.
Property Size2,060 SF
Lot Size0.19 Acres
Price / SF$265.90
Days on Market2
Property Features for 174 NE 14th Street
General Information
Standard status
Active
Size
2,060 SF
Total Parking Spaces
4
Lot size
0.19 Acres
Property subtype
Residential Income
Zoning
5700
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,023
Building Details
Building Size
2,060 SF
Year Built
1972
Stories
1
Listing Agency:
A & G Team Realty, LLC
Listed By:
Jose L Duran Menendez · License #3515656
(786) 409-8053
Source:
Laerrealty
Added: Oct 16
Last Checked: Oct 16 at 2:10PM
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 A & G Team Realty, LLC
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Investment Insights
Based on property information with market context.
This Homestead duplex contains two separate residences, each configured with two bedrooms and one bathroom. The property includes 2,012 square feet of building area on an 8,074-square-foot lot and was built in 1972. There is no HOA.
Downtown Homestead, the Turnpike, US-1, and Homestead Air Reserve Base are nearby.
Downtown Homestead, the Turnpike, US-1, and Homestead Air Reserve Base are nearby.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 2,012 square feet of building area
- 8,074‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,540
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,800
$670.8K
Cap Rate 7%
$479,143
$479.1K
Cap Rate 9%
$372,667
$372.7K
Market Conditions
NOI Build-Up for 2,012 SF
Gross rent
$50.7K $25.20/SF
− Vacancy
−$2.8K −$1.39/SF
EGI
$47.9K $23.81/SF
− OpEx
−$14.4K −$7.14/SF
NOI
$33.5K $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%
$670,800
Cap Rate 7%
$479,143
Cap Rate 9%
$372,667
Alternative Uses
Best Use
Multifamily LT 5
$479.1K
$419.3K – $559.0K
NOI $33,540 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$442.0K
$386.8K – $515.7K
NOI $30,943 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$1.02M
$893.2K – $1.19M
NOI $71,454 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,140
Businesses Nearby
Explore this area
Business Placement
Demographics for 33030, FL
36,776
Population
11,217
Households
3.3
Avg Household Size
33
Median Age
15%
College-Educated
61%
High-School Grad
17.6 sq mi
ZIP Area
2,090
Density / Sq Mi
$43,231
Median Household Income
$28,214
Median Earnings
$1,307
Median Rent
$382,200
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 separate residences offer a 2-bedroom, 1-bathroom layout in each unit, with no HOA.
Where is this duplex located?
The property is located at 174 NE 14th Street Homestead, FL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 2,012 square feet of building area; 8,074‑square‑foot lot
