Two-Unit Duplex with Central
1875 Northwest 43rd Street Miami, FL 33142
For Sale
$519,999
Concrete block duplex with two 2-bedroom, 1-bath units, each separately metered and featuring dedicated washer/dryer space.
Property Size1,698 SF
Price / SF$306.24
Days on Market173
Property Features for 1875 Northwest 43rd Street
General Information
- Standard status
- Active
- Size
- 1,698 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1971
Listing Agency:
Brokers, LLC
(954) 384-1616
Listed By:
Ariel Gerszuny · License #3600303
(954) 384-1616
Source:
Compass
Added: Feb 1
Changed: Jul 22
Last Checked: Jul 23 at 10:14AM
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 Brokers, LLC
Investment Insights
Based on property information with market context.
This concrete block duplex offers two separate units, each configured as 2 bedrooms and 1 bathroom. The property includes tile flooring, central A/C, and hurricane shutters. A brand-new roof is scheduled for completion in January 2026. Each unit has its own dedicated washer/dryer space, with separate electric and water meters for added operational separation.
The property is located a few blocks from MetroRail and near Kelsey Pharr and Earlington Heights Elementary Schools. Current occupancy includes one unit month-to-month and the other unit on a lease expiring May 2026.
With separate utilities and two independently configured units, this is set up as a turn-key rental property for investors looking to add a duplex to their portfolio.
The property is located a few blocks from MetroRail and near Kelsey Pharr and Earlington Heights Elementary Schools. Current occupancy includes one unit month-to-month and the other unit on a lease expiring May 2026.
With separate utilities and two independently configured units, this is set up as a turn-key rental property for investors looking to add a duplex to their portfolio.
Key Highlights
- Concrete block duplex built in 1971 with 2 units, each offering 2 bedrooms and 1 bathroom
- Brand new roof installed January 2026, plus hurricane shutters
- Each unit has separate electric and water meters and dedicated washer/dryer space
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 | $52.0k | $30.60 |
| − Vacancy | −$3.3k | −$1.95 |
| EGI | $48.6k | $28.65 |
| − OpEx | −$14.6k | −$8.60 |
| NOI | $34.1k | $20.06 |
1,698 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$486.5K
$425.7K – $567.6K
NOI $34,054 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$448.1K
$392.1K – $522.8K
NOI $31,368 @ 7.0% cap · market cap 6.03%
Theoretical Best
Specialty Retail
$1.15M
$1.00M – $1.34M
NOI $80,231 @ 7.0% cap · market cap 15.43%
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 - Concrete block duplex with two 2-bedroom, 1-bath units, each separately metered and featuring dedicated washer/dryer space.
Where is this duplex located?
The property is located at 1875 Northwest 43rd Street Miami, FL.
What is the asking price?
The asking price for this property is $519,999.
What are key features of this property?
This property features: Concrete block duplex built in 1971 with 2 units, each offering 2 bedrooms and 1 bathroom; Brand new roof installed January 2026, plus hurricane shutters; Each unit has separate electric and water meters and dedicated washer/dryer space
