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Modern Duplex with Private Yards

1810 NW 46th St, Miami, FL 33142

For Sale
$1,550,000

Both residences feature open-concept layouts, impact-rated windows and doors, and access to short-term rentals.

Property Size4,664 SF
Price / SF$332.33
Days on Market265

Property Features for 1810 NW 46th St

General Information

Standard status Active
Size 4,664 SF
Property subtype Duplex

Site & Location

Neighborhood Flora Park
Highway Access Yes

Additional Details

Multifamily Units 2

Amenities

private backyard space

Building Details

Building Size 4,664 SF
Year Built 2026
Buildings 1
Stories 2
Construction modern
Listing Agency: Smart Luxe
Listed By: Omar Hernandez · License FL #3014009
Source: Maggirealty
Added: Feb 18 Changed: Nov 7 Last Checked: Nov 9 at 4:25PM

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 Smart Luxe

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Investment Insights

Based on property information with market context.

Completed in 2026, this Miami duplex contains two residences, each arranged across two stories with 3 bedrooms, 2.5 baths, a 1-car garage, and an open-concept interior. High-impact windows and doors, private backyard areas, and contemporary exterior design are among the property’s features. The building has a total reported property size of 4,664; the source does not specify a measurement unit.

The property is in Allapattah, with Miami International Airport, Wynwood, Downtown Miami, Jackson Memorial Hospital, and the Design District cited among nearby destinations. SR 112 and I-95 provide regional highway access. Short-term rentals are allowed, and the property has no HOA restrictions.

Key Highlights

  • Two‑story residences, each with 3 bedrooms and 2.5 baths
  • Each side includes a 1‑car garage and private backyard space
  • Built in 2026 with high‑impact windows and doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$93,539
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,870,780 $1.9M
Cap Rate 7%
$1,336,271 $1.3M
Cap Rate 9%
$1,039,322 $1.0M
Market Conditions
NOI Build-Up for 4,664 SF
Gross rent
$142.7K $30.60/SF
− Vacancy
−$9.1K −$1.95/SF
EGI
$133.6K $28.65/SF
− OpEx
−$40.1K −$8.60/SF
NOI
$93.5K $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%
$1,870,780
Cap Rate 7%
$1,336,271
Cap Rate 9%
$1,039,322

Alternative Uses

Best Use
Multifamily LT 5
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,539 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,160 @ 7.0% cap · market cap 5.56%
Theoretical Best
Specialty Retail
$3.15M
$2.75M – $3.67M (±1% cap)
NOI $220,376 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,222
Businesses Nearby

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Miami, FL

$484 Jul
$479 Aug
$469 Sep
$471 Oct

Properties on Market for Duplexes in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences feature open-concept layouts, impact-rated windows and doors, and access to short-term rentals.
Where is this duplex located?
The property is located at 1810 NW 46th St Miami, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Two‑story residences, each with 3 bedrooms and 2.5 baths; Each side includes a 1‑car garage and private backyard space; Built in 2026 with high‑impact windows and doors
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