Detached Duplex
For Sale
$625,000
2041 NW 100th St, Miami, FL 33147
Detached duplex featuring a 2/1 and a 1/1 unit, currently rented under Section 8, with a new 2025 roof.
Property Size1,276 SF
Price / SF$489.81
Days on Market100
Property Features for 2041 NW 100th St
General Information
Standard status
Active
Size
1,276 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,250
Building Details
Building Size
1,276 SF
Year Built
1954
Listing Agency:
AVYA Corp
Listed By:
Emerio Alonso Agudelo · License #3156085
(786) 444-9507
Source:
Casacollectiongroup
Added: Jun 1
Changed: Sep 8
Last Checked: Sep 7 at 7:58AM
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 AVYA Corp
Investment Insights
Based on property information with market context.
This completely detached duplex offers two residential units configured as one 2/1 and one 1/1. The property is currently rented under the Section 8 program.
The location provides convenient access to I-95 and is described as close to hospitals, supermarkets, and schools.
Recent improvements include a new roof installed in 2025. The combination of unit mix and updated roofing supports a straightforward, income-oriented ownership profile for qualified investors.
The location provides convenient access to I-95 and is described as close to hospitals, supermarkets, and schools.
Recent improvements include a new roof installed in 2025. The combination of unit mix and updated roofing supports a straightforward, income-oriented ownership profile for qualified investors.
Key Highlights
- Detached duplex built in 1954 with two separate units: a 2/1 and a 1/1
- Currently rented under the Section 8 program
- New roof installed in 2025
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
$25,591
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
4.09%
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%
$511,820
$511.8K
Cap Rate 7%
$365,586
$365.6K
Cap Rate 9%
$284,344
$284.3K
Market Conditions
NOI Build-Up for 1,276 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
$39.0K $30.60/SF
− Vacancy
−$2.5K −$1.95/SF
EGI
$36.6K $28.65/SF
− OpEx
−$11.0K −$8.60/SF
NOI
$25.6K $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%
$511,820
Cap Rate 7%
$365,586
Cap Rate 9%
$284,344
Alternative Uses
Best Use
Multifamily LT 5
$365.6K
$319.9K – $426.5K
NOI $25,591 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$336.7K
$294.7K – $392.9K
NOI $23,572 @ 7.0% cap · market cap 3.77%
Theoretical Best
Specialty Retail
$861.3K
$753.7K – $1.00M
NOI $60,292 @ 7.0% cap · market cap 9.65%
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
666
Businesses Nearby
Explore this area
Business Placement
Demographics for 33147, FL
48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Detached duplex featuring a 2/1 and a 1/1 unit, currently rented under Section 8, with a new 2025 roof.
Where is this duplex located?
The property is located at 2041 NW 100th St Miami, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Detached duplex built in 1954 with two separate units: a 2/1 and a 1/1; Currently rented under the Section 8 program; New roof installed in 2025
