New Construction Duplex with
1770 Northwest 55th Street Miami, FL 33142
1770 Northwest 55th Street, Miami, FL, 33142
$979,000
For Sale
$979,000
Newly built duplex features two units, each with four bedrooms and three baths and separate backyards.
Property Size3,456 SF
Price / SF$283.28
Days on Market260
Property Features for 1770 Northwest 55th Street
General Information
- Standard status
- Active
- Size
- 3,456 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 2022
Listing agency
Sustainable RE, LLC.
(305) 510-4613
Listed by
Joao Barbosa · License #3592191
(305) 510-4613
Source
Compass
Added: Nov 4, 2025 Updated: Jul 21 at 6:04AM Checked: Jul 22 at 8:35AM
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 Sustainable RE, LLC.
Investment Insights
Based on property information with market context.
This newly constructed duplex offers two separate units, each designed with four bedrooms and three bathrooms. The layout emphasizes practical use of the lot, with the units set up to provide a measure of privacy through separate backyards.
The property is located at 1770 Northwest 55th Street in Miami, Florida. It is presented for sale as a residential income property suitable for long-term or short-term rental use, according to the information provided.
If you’re looking for a duplex configuration with substantial living space in each unit, this property’s consistent 4-bedroom, 3-bath format across both sides is a clear, straightforward fit for prospective renters.
The property is located at 1770 Northwest 55th Street in Miami, Florida. It is presented for sale as a residential income property suitable for long-term or short-term rental use, according to the information provided.
If you’re looking for a duplex configuration with substantial living space in each unit, this property’s consistent 4-bedroom, 3-bath format across both sides is a clear, straightforward fit for prospective renters.
Key Highlights
- New construction duplex built in 2022 with 2 units
- Each unit offers 4 bedrooms and 3 baths
- Separate backyards for each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.8k | $30.60 |
| − Vacancy | −$6.7k | −$1.95 |
| EGI | $99.0k | $28.65 |
| − OpEx | −$29.7k | −$8.60 |
| NOI | $69.3k | $20.06 |
3,456 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$990.2K
$866.4K – $1.16M
NOI $69,312 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$912.1K
$798.1K – $1.06M
NOI $63,844 @ 7.0% cap · market cap 6.52%
Theoretical Best
Specialty Retail
$2.33M
$2.04M – $2.72M
NOI $163,298 @ 7.0% cap · market cap 16.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Newly built duplex features two units, each with four bedrooms and three baths and separate backyards.
Where is this duplex located?
The property is located at 1770 Northwest 55th Street Miami, FL.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: New construction duplex built in 2022 with 2 units; Each unit offers 4 bedrooms and 3 baths; Separate backyards for each unit
