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Furnished Duplex with Balconies
For Sale
$1,295,000

1968 NW 25th Ave, Miami, FL 33125

Residential Income, Miami, FL

Property Size4,248 SF
Lot Size0.40 Acres
Price / SF$304.85
Days on Market83

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 3, Bedroom 7, Bedroom 5, Bedroom 3, Bedroom 8, Bathroom 5, Bathroom 2, Bathroom 4, Bathroom 6, Bedroom 6, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4
Parking 2
Patio and Porch features Patio
Exterior features Balcony, Fence, Lighting, Patio
Fencing Fenced
Subdivision RIVER PARK
Lot features Flood Zone, 1/4 to 1/2 Acre Lot
Standard status Active
APN 01-31-34-034-0270
Size 4,248 SF
Lot size 0.40 Acres

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

Building Details

Year built 2021
Floors in Building 2
Flooring type Marble
Building materials Block
Roof type Flat
Listing Agency: LPT Realty, LLC
Listed By: Angel Estrada Carrion · License #3409490
Added: Jul 18 Changed: Oct 4 Last Checked: Oct 8 at 5:06PM
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 4,248-square-foot duplex contains two fully furnished residences, each with 4 bedrooms and 2.5 bathrooms. The interiors include wood cabinetry, quartz countertops, porcelain flooring downstairs, glass showers, Samsung graphite steel appliances, and indoor washer and dryer connections. High-impact windows and doors, central heating, central air, ceiling fans, marble flooring, and block construction add to the property’s physical specifications. Each unit includes three balconies and a 1-car garage, while the fenced rear yard includes a gazebo and six-person jacuzzi.

The property is near the Miami River and offers access to NW S River Drive, nearby retail and dining destinations, the Health District, Wynwood, the Design District, museums, Marlins Stadium, and Miami International Airport. Public water and public sewer serve the duplex.

Key Highlights

  • 4,248‑square‑foot duplex built in 2021
  • Each unit has 4 bedrooms and 2.5 bathrooms
  • Three balconies and a 1‑car garage are included with each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$85,196
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $85,196 @ 7.0% cap · market cap 6.58%
Second Best
Apartment 5plus
$1.12M
$980.9K – $1.31M (±1% cap)
NOI $78,475 @ 7.0% cap · market cap 6.06%
Theoretical Best
Specialty Retail
$2.87M
$2.51M – $3.35M (±1% cap)
NOI $200,720 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Pharmacy Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
78%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,198
Businesses Nearby

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
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two furnished residences offer modern finishes, private garages, and outdoor space near Miami River access.
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: 4,248‑square‑foot duplex built in 2021; Each unit has 4 bedrooms and 2.5 bathrooms; Three balconies and a 1‑car garage are included with each unit
More about this property
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