Two-Unit
New
For Sale
$569,000
1845 NW 55th St, Miami, FL 33142
Residential Income, Miami, FL
Property Size1,563 SF
Price / SF$364.04
Days on Market1
Property Features for 1845 NW 55th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
4
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3
Parking
4
Subdivision
FLORAL PK 1ST AMD
Lot features
< 1/4 Acre
Standard status
Active
APN
01-31-22-052-2720
Size
1,563 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
FLORAL PK PB 8-5 LOT 19 BLK 14 LOT SIZE 50.000 X 105 OR 20326-3416 03 2002 6
Tax Annual Amount
8020
Legal Description
FLORAL PK PB 8-5 LOT 19 BLK 14 LOT SIZE 50.000 X 105 OR 20326-3416 03 2002 6
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s)
Building Details
Year built
1926
Floors in Building
2
Flooring type
Laminate
Building materials
CBS (Concrete Block Structure), Block
Listing Agency:
Realty One Group Evolution
(786) 477-4715
Listed By:
Johana Parra · License #3371418
(786) 314-3149
Added: Oct 31
Last Checked: Oct 31 at 4:06PM
MLS# A12115863
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.
Built in 1926, this 1,563-square-foot duplex contains two independent residences: one with three bedrooms and two bathrooms, and another with one bedroom and one bathroom. The building has CBS (concrete block structure) construction and laminate flooring. Central heating and ceiling fans are listed among its systems.
The property is in Miami, with the listing identifying major highways, Downtown Miami, Wynwood, Midtown, schools, shopping, and employment centers as nearby destinations.
The property is in Miami, with the listing identifying major highways, Downtown Miami, Wynwood, Midtown, schools, shopping, and employment centers as nearby destinations.
Key Highlights
- Two units: a 3‑bedroom, 2‑bath residence and a 1‑bedroom, 1‑bath residence
- 1,563 square feet
- Built in 1926 with CBS (concrete block structure) construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,347
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,940
$626.9K
Cap Rate 7%
$447,814
$447.8K
Cap Rate 9%
$348,300
$348.3K
Market Conditions
NOI Build-Up for 1,563 SF
Gross rent
$47.8K $30.60/SF
− Vacancy
−$3.0K −$1.95/SF
EGI
$44.8K $28.65/SF
− OpEx
−$13.4K −$8.60/SF
NOI
$31.3K $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%
$626,940
Cap Rate 7%
$447,814
Cap Rate 9%
$348,300
Alternative Uses
Best Use
Multifamily LT 5
$447.8K
$391.8K – $522.5K
NOI $31,347 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$412.5K
$360.9K – $481.2K
NOI $28,874 @ 7.0% cap · market cap 5.07%
Theoretical Best
Specialty Retail
$1.06M
$923.2K – $1.23M
NOI $73,852 @ 7.0% cap · market cap 12.98%
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
1,005
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property combines a three-bedroom residence with a separate one-bedroom unit for a four-bedroom, three-bathroom configuration.
Where is this duplex located?
The property is located at 1845 NW 55th St Miami, FL.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two units: a 3‑bedroom, 2‑bath residence and a 1‑bedroom, 1‑bath residence; 1,563 square feet; Built in 1926 with CBS (concrete block structure) construction
