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Furnished Duplex with Balconies
New
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 Market1

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 6, Bathroom 4, Bedroom 7, Bathroom 5, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 8, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2
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

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 Central Air, Ceiling Fan(s)
Water source Public

Amenities

high impact windows/doors
Samsung graphite steel appliances
indoor washer/dryer
wood cabinetry
quartz counter tops
porcelain flooring
glass showers
balconies
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
Listed By: Angel Estrada Carrion · License #3409490
Added: Oct 20 Last Checked: Oct 20 at 6:06AM
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.

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Investment Insights

Based on property information with market context.

Built in 2021, this 4,248-square-foot duplex contains two furnished residences. Each side has four bedrooms, 2.5 bathrooms, three balconies and a one-car garage. Interior features include high-impact windows and doors, Samsung graphite steel appliances, wood cabinetry with quartz countertops, glass showers and porcelain flooring downstairs. Each residence also has an indoor washer and dryer.

The property includes a fenced backyard with a gazebo and a six-person jacuzzi. Cable is available, and the property has public water and sewer service. Highway access is noted, with the New River Landing Shops, Miami’s Health District and Kiki on the River among the named nearby destinations. Wynwood, the Design District, museums, art galleries, Marlins Stadium and the airport are also identified as nearby destinations.

Key Highlights

  • 4,248‑square‑foot duplex built in 2021
  • Two furnished residences, each with 4 bedrooms and 2.5 bathrooms
  • Each side has 3 balconies and a 1‑car garage

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. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are furnished and include Samsung appliances and indoor laundry.
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; Two furnished residences, each with 4 bedrooms and 2.5 bathrooms; Each side has 3 balconies and a 1‑car garage
More about this property
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