Furnished Duplex with
For Sale
$1,295,000
1968 NW 25th Ave, Miami, FL 33125
Residential Income, Miami, FL
Property Size4,248 SF
Price / SF$304.85
Days on Market37
Property Features for 1968 NW 25th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
8
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 6, Bedroom 2, Bedroom 3, Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 4, Bathroom 3
Parking
2
Patio and Porch features
Patio
Exterior features
Balcony, Fence, Lighting, Patio
Fencing
Fenced
Subdivision
RIVER PARK
Lot features
1/4 to 1/2 Acre Lot
Standard status
Active
APN
01-31-34-034-0270
Size
4,248 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
RIVER PARK PB 7-128 LOT 33 LOT SIZE 50.000 X 126 OR 18313-0080 0798 5 COC 26277-3809 02 2008 3
Tax Annual Amount
22935
Legal Description
RIVER PARK PB 7-128 LOT 33 LOT SIZE 50.000 X 126 OR 18313-0080 0798 5 COC 26277-3809 02 2008 3
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Amenities
indoor washer/dryer
gazebo
jacuzzi
Building Details
Year built
2021
Floors in Building
2
Flooring type
Marble
Building materials
Block
Roof type
Flat
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Angel Estrada Carrion · License #3409490
(386) 837-5148
Added: Jul 18
Changed: Aug 22
Last Checked: Aug 23 at 11:06AM
MLS# A11926893
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.
Investment Insights
Based on property information with market context.
Built in 2021, this furnished duplex contains two residences, with each side offering 4 bedrooms, 2.5 bathrooms, 3 balconies, and a 1-car garage. Interior features include high-impact windows and doors, Samsung graphite steel appliances, an indoor washer and dryer, wood cabinetry, quartz countertops, porcelain flooring downstairs, glass showers, and marble flooring. Central air, central heating, ceiling fans, public water, and public sewer are also provided.
The property is near the Miami River and NW S River Drive, with access to New River Landing Shops, the Miami Health District, and riverfront restaurants. The fenced rear yard includes a gazebo and a 6-person jacuzzi. Rental formats supported by the property information include long-term, short-term, and hybrid arrangements.
The property is near the Miami River and NW S River Drive, with access to New River Landing Shops, the Miami Health District, and riverfront restaurants. The fenced rear yard includes a gazebo and a 6-person jacuzzi. Rental formats supported by the property information include long-term, short-term, and hybrid arrangements.
Key Highlights
- Two furnished duplex residences, each with 4BD/2.5BA
- Built in 2021 with 4,248 square feet
- Each unit includes 3 balconies and a 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,196
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,703,920
$1.7M
Cap Rate 7%
$1,217,086
$1.2M
Cap Rate 9%
$946,622
$946.6K
Market Conditions
NOI Build-Up for 4,248 SF
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.
Gross rent
$130.0K $30.60/SF
− Vacancy
−$8.3K −$1.95/SF
EGI
$121.7K $28.65/SF
− OpEx
−$36.5K −$8.60/SF
NOI
$85.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,703,920
Cap Rate 7%
$1,217,086
Cap Rate 9%
$946,622
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.06M – $1.42M
NOI $85,196 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$1.12M
$980.9K – $1.31M
NOI $78,475 @ 7.0% cap · market cap 6.06%
Theoretical Best
Specialty Retail
$2.87M
$2.51M – $3.35M
NOI $200,720 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,198
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two furnished residences feature private garages, updated interiors, and flexible long-term or short-term rental use.
Where is this duplex located?
The property is located at 1968 NW 25th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Two furnished duplex residences, each with 4BD/2.5BA; Built in 2021 with 4,248 square feet; Each unit includes 3 balconies and a 1‑car garage
