Duplex Investment Opportunity For
For Sale
$675,000
175 NW 68th St, Miami, FL 33150
Duplex with updated plumbing and hurricane impact windows.
Property Size1,550 SF
Days on Market328
Property Features for 175 NW 68th St
General Information
Standard status
Active
Size
1,550 SF
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$4,287
Building Details
Building Size
1,550 SF
Year Built
1956
Stories
1
Listing Agency:
JMC Real Estate Miami, Inc
Listed By:
Jorge Martinez de Castro Jr · License #3410393
(305) 510-5589
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 8
Last Checked: Oct 20 at 7:41PM
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 JMC Real Estate Miami, Inc
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Investment Insights
Based on property information with market context.
This property is a duplex offered for sale as an investment opportunity. Each of the two units includes 2 bedrooms and 1 bathroom. The property features hurricane impact glass windows throughout. A new roof was installed 5 years ago. The property has independent electrical meters and updated PVC plumbing.
Key Highlights
- Duplex Investment Opportunity
- Hurricane Impact Glass Windows Throughout
- Each Unit Features 2 Bedrooms and 1 Bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,086
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,720
$621.7K
Cap Rate 7%
$444,086
$444.1K
Cap Rate 9%
$345,400
$345.4K
Market Conditions
NOI Build-Up for 1,550 SF
Gross rent
$47.4K $30.60/SF
− Vacancy
−$3.0K −$1.95/SF
EGI
$44.4K $28.65/SF
− OpEx
−$13.3K −$8.60/SF
NOI
$31.1K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,720
Cap Rate 7%
$444,086
Cap Rate 9%
$345,400
Alternative Uses
Best Use
Multifamily LT 5
$444.1K
$388.6K – $518.1K
NOI $31,086 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$409.1K
$357.9K – $477.2K
NOI $28,634 @ 7.0% cap · market cap 4.24%
Theoretical Best
Specialty Retail
$1.05M
$915.5K – $1.22M
NOI $73,238 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,137
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
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 - Duplex with updated plumbing and hurricane impact windows.
Where is this duplex located?
The property is located at 175 NW 68th St Miami, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Duplex Investment Opportunity; Hurricane Impact Glass Windows Throughout; Each Unit Features 2 Bedrooms and 1 Bathroom
