Canal-Front Duplex in Biscayne
201 South Biscayne River Drive, Miami, FL 33169
Spacious 5-bedroom, 4-bath duplex with rental income potential.
Type:Multi-Family Income / Duplex
Property size:
2,461 SFPrice / SF:
$398/SF- Added:
- Jan 30, 2026
- Days on Market:
- 122
- Last Refresh:
- Mar 13 at 5:42 pm
Property Features for 201 South Biscayne River Drive
General Information
- Standard status
- Active
- Size
- 2,461 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1950
Listing agent Joel Arguello License #3536840 (786) 390-0083
Listing office Rev Realty Group, LLC. (786) 390-0083
Listing date Jan 30, 2026
Source Compass
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 Rev Realty Group, LLC.
HighLights
- Canal‑front multi‑family duplex with rental income potential
- Updated 3BD/2BA front unit featuring a new roof, impact windows/doors, hardwood floors, and stainless steel appliances
- Separate 2BD/2BA back unit ideal as an in‑law suite with full kitchen, new appliances, fireplace, and private washer/dryer
- Large front yard with circular driveway and ample parking
- Gated backyard with canal views
- Close proximity to I‑95, Turnpike, restaurants, and parks
Overview
This property is a 5-bedroom, 4-bath canal-front multi-family duplex located in Biscayne Gardens. The property features a large front yard with a circular driveway and ample parking. Unit A is an updated 3-bedroom, 2-bath unit with a new roof, impact windows and doors, and hardwood flooring. The kitchen is brand new and equipped with stainless steel appliances. A washer and dryer are included. The unit features a spacious master bedroom, closet space, and bath, with two additional bedrooms and a bathroom on the opposite side. Unit B is a private 2-bedroom, 2-bath unit that can be used as an in-law suite. It features an open layout with a full kitchen, new appliances, and a fireplace. This unit also has its own washer and dryer. The property includes a gated backyard for outdoor enjoyment and canal views. It is suitable for extended families or as a rental income opportunity. The property is located in close proximity to I-95 expressways, the Turnpike, local restaurants, and parks. The property size is 2461 square feet.
Local 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 | $75.3k | $30.60 |
| − Vacancy | −$4.8k | −$1.95 |
| EGI | $70.5k | $28.65 |
| − OpEx | −$21.2k | −$8.60 |
| NOI | $49.4k | $20.06 |
2,461 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$705.1K
$617.0K – $822.6K
NOI $49,357 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$649.5K
$568.3K – $757.7K
NOI $45,463 @ 7.0% cap · market cap 4.64%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.94M
NOI $116,283 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Junkbusters
Waste Management Facility
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.205622
- Latitude
- 25.91713
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Spacious 5-bedroom, 4-bath duplex with rental income potential.
Where is this duplex located?
The property is located at 201 South Biscayne River Drive Miami, FL.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Canal‑front multi‑family duplex with rental income potential; Updated 3BD/2BA front unit featuring a new roof, impact windows/doors, hardwood floors, and stainless steel appliances; Separate 2BD/2BA back unit ideal as an in‑law suite with full kitchen, new appliances, fireplace, and private washer/dryer
