Duplex with Separate
For Sale
$574,500
20001 NW 43rd Pl, Miami Gardens, FL 33055
Configured as two separate living areas with private entrances and separate parking, currently vacant, built in 1971.
Days on Market125
Property Features for 20001 NW 43rd Pl
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
1,975 SF
Year Built
1971
Listing Agency:
Keller Williams Eagle Realty
(786) 774-9077
Listed By:
Edwin Silie · License #3475096
Source:
Vanessafrankmiami
Added: Mar 29
Changed: Jul 30
Last Checked: Jul 30 at 10:49AM
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 Keller Williams Eagle Realty
Investment Insights
Based on property information with market context.
This duplex-style property at 20001 NW 43rd Pl in Miami Gardens is configured with two separate living areas under one roof. The main residence offers 4 bedrooms and 2 bathrooms, and there is a separate 1-bedroom and 1-bath living area with its own private entrance. Each living area is described as having separate access and parking, supporting multiple occupancy or flexible repositioning options.
The property is currently vacant, which may allow the next owner to renovate, lease, reposition, or hold. The home is listed as a single-family residence per public records, while the current configuration provides the practical layout of two separate units. Property is being sold AS-IS and cash offers only.
Built in 1971, this is a straightforward opportunity for buyers looking for a duplex setup with distinct access and parking, and the ability to review use and permitting directly with the city and county before finalizing plans.
The property is currently vacant, which may allow the next owner to renovate, lease, reposition, or hold. The home is listed as a single-family residence per public records, while the current configuration provides the practical layout of two separate units. Property is being sold AS-IS and cash offers only.
Built in 1971, this is a straightforward opportunity for buyers looking for a duplex setup with distinct access and parking, and the ability to review use and permitting directly with the city and county before finalizing plans.
Key Highlights
- Duplex configuration with two separate living areas
- Main residence: 4 bedrooms and 2 bathrooms
- Second living area: 1 bedroom and 1 bathroom with private entrance
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 | $41.5k | $21.00 |
| − Vacancy | −$1.2k | −$0.61 |
| EGI | $40.3k | $20.39 |
| − OpEx | −$12.1k | −$6.12 |
| NOI | $28.2k | $14.27 |
1,975 SF · lease $21.00/SF/yr · vacancy 2.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$402.7K
$352.4K – $469.9K
NOI $28,191 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$375.2K
$328.3K – $437.7K
NOI $26,261 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$588.0K
$514.5K – $686.0K
NOI $41,159 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Explore this area
Business Placement
Demographics for 33055, FL
42,950
Population
12,112
Households
3.5
Avg Household Size
42
Median Age
16%
College-Educated
76%
High-School Grad
6.0 sq mi
ZIP Area
7,158
Density / Sq Mi
$59,728
Median Household Income
$36,177
Median Earnings
$1,624
Median Rent
$341,800
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 - Configured as two separate living areas with private entrances and separate parking, currently vacant, built in 1971.
Where is this duplex located?
The property is located at 20001 NW 43rd Pl Miami Gardens, FL.
What is the asking price?
The asking price for this property is $574,500.
What are key features of this property?
This property features: Duplex configuration with two separate living areas; Main residence: 4 bedrooms and 2 bathrooms; Second living area: 1 bedroom and 1 bathroom with private entrance
