New Construction Duplex with
1840 NW 63rd St Miami, FL 33147
For Sale
Contact for pricing
New construction duplex with two 3-bedroom, 2-bath units, each featuring its own laundry closet and two parking spaces.
Property Size2,158 SF
Price / SF$360.98
Days on Market150
Property Features for 1840 NW 63rd St
General Information
- Standard status
- Active
- Size
- 2,158 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2026
Listing Agency:
Keller Williams Eagle Realty
(305) 803-0894
Listed By:
Rolando Ramirez · License #3341535
Source:
Crexi
Added: Feb 24
Changed: Jul 21
Last Checked: Jul 23 at 4:35AM
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 Keller Williams Eagle Realty
Investment Insights
Based on property information with market context.
This newly constructed duplex includes two separate 3-bedroom, 2-bath units with modern finishes. Each unit has its own tankless water heater and a dedicated laundry closet, along with new stainless steel appliances. Impact windows are installed to help reduce insurance costs.
The property is positioned in a central Miami area with quick access to Brickell, Downtown, Wynwood, and Miami Beach.
For convenience, the duplex provides 2 parking spaces per unit. The property is approved for AIRBNB/short-term rental use, offering flexibility for an owner-occupant or an investor looking to generate rental income from both units.
The property is positioned in a central Miami area with quick access to Brickell, Downtown, Wynwood, and Miami Beach.
For convenience, the duplex provides 2 parking spaces per unit. The property is approved for AIRBNB/short-term rental use, offering flexibility for an owner-occupant or an investor looking to generate rental income from both units.
Key Highlights
- New construction duplex (YearBuilt 2026) with two 3‑bedroom, 2‑bath units
- Each unit has its own laundry closet and a tankless water heater
- Impact windows help reduce insurance costs
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 | $66.0k | $30.60 |
| − Vacancy | −$4.2k | −$1.95 |
| EGI | $61.8k | $28.65 |
| − OpEx | −$18.5k | −$8.60 |
| NOI | $43.3k | $20.06 |
2,158 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$618.3K
$541.0K – $721.3K
NOI $43,280 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$569.5K
$498.3K – $664.4K
NOI $39,866 @ 7.0% cap · market cap 5.12%
Theoretical Best
Specialty Retail
$1.46M
$1.27M – $1.70M
NOI $101,966 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - New construction duplex with two 3-bedroom, 2-bath units, each featuring its own laundry closet and two parking spaces.
Where is this duplex located?
The property is located at 1840 NW 63rd St Miami, FL.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: New construction duplex (YearBuilt 2026) with two 3‑bedroom, 2‑bath units; Each unit has its own laundry closet and a tankless water heater; Impact windows help reduce insurance costs
