2-Unit
1820 NW 73rd St, Miami, FL 33147
For Sale
New
$495,800
Residential Income, Miami, FL
Property Size1,165 SF
Price / SF$425.58
Days on Market7
Property Features for 1820 NW 73rd St
General Information
Property type
Property subtype
Zoning description
Parking
Subdivision
Lot features
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water front
Building Details
Year built
Floors in Building
Flooring type
Roof type
Buildings
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Yeanli Velez · License FL #3483775
(863) 677-6310
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 10 at 9:06PM
MLS# A12118457
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,165-square-foot duplex contains two separate residences, each with two bedrooms and one bathroom. The building dates to 1953 and has vinyl flooring, central heating, central air conditioning, and a shingle roof. Sewer service is provided by a septic tank.
The property is at 1820 NW 73rd St in Miami, Florida.
The property is at 1820 NW 73rd St in Miami, Florida.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,165 square feet
- Built in 1953
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,365
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$467,300
$467.3K
Cap Rate 7%
$333,786
$333.8K
Cap Rate 9%
$259,611
$259.6K
Market Conditions
NOI Build-Up for 1,165 SF
Gross rent
$35.6K $30.60/SF
− Vacancy
−$2.3K −$1.95/SF
EGI
$33.4K $28.65/SF
− OpEx
−$10.0K −$8.60/SF
NOI
$23.4K $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%
$467,300
Cap Rate 7%
$333,786
Cap Rate 9%
$259,611
Alternative Uses
Best Use
Multifamily LT 5
$333.8K
$292.1K – $389.4K
NOI $23,365 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$307.5K
$269.0K – $358.7K
NOI $21,522 @ 7.0% cap · market cap 4.34%
Theoretical Best
Specialty Retail
$786.4K
$688.1K – $917.5K
NOI $55,047 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
807
Businesses Nearby
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Business Placement
Demographics for 33147, FL
48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers a two-bedroom, one-bathroom layout.
Where is this duplex located?
The property is located at 1820 NW 73rd St Miami, FL.
What is the asking price?
The asking price for this property is $495,800.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,165 square feet; Built in 1953
