2-Unit Remodeled
For Sale
$749,900
2053 SW 60th Avenue, Miami, FL 33155
Separate residences offer flexible occupancy for rental, owner-occupant, or multigenerational living arrangements.
Property Size1,348 SF
Price / SF$556.31
Days on Market62
Property Features for 2053 SW 60th Avenue
General Information
Standard status
Active
Size
1,348 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1941
Listing Agency:
Miami New Realty
(305) 485-3100
Listed By:
Luis Gonzalez · License #0644564
(585) 217-2212
Source:
Lehmannflorida
Added: Aug 13
Changed: Oct 11
Last Checked: Oct 12 at 7:17PM
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 Miami New Realty
Investment Insights
Based on property information with market context.
This duplex contains two distinct residences with separate occupant areas. The first includes 2 bedrooms and 1 bathroom, while the second offers 1 bedroom and 1 bathroom. Both units have undergone remodeling and are described as ready for occupancy, providing a straightforward two-unit configuration for residential use.
The property is located at 2053 SW 60th Ave in Miami, with access to major roads and proximity to shopping, dining, schools, and everyday amenities. Its separate-unit layout supports flexible use for an owner-occupant, extended household, or occupants seeking privacy between residences.
The property is located at 2053 SW 60th Ave in Miami, with access to major roads and proximity to shopping, dining, schools, and everyday amenities. Its separate-unit layout supports flexible use for an owner-occupant, extended household, or occupants seeking privacy between residences.
Key Highlights
- Two separate remodeled units
- Unit 1 includes 2 bedrooms and 1 bathroom
- Unit 2 includes 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,035
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,700
$540.7K
Cap Rate 7%
$386,214
$386.2K
Cap Rate 9%
$300,389
$300.4K
Market Conditions
NOI Build-Up for 1,348 SF
Gross rent
$41.2K $30.60/SF
− Vacancy
−$2.6K −$1.95/SF
EGI
$38.6K $28.65/SF
− OpEx
−$11.6K −$8.60/SF
NOI
$27.0K $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%
$540,700
Cap Rate 7%
$386,214
Cap Rate 9%
$300,389
Alternative Uses
Best Use
Multifamily LT 5
$386.2K
$337.9K – $450.6K
NOI $27,035 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$355.7K
$311.3K – $415.0K
NOI $24,902 @ 7.0% cap · market cap 3.32%
Theoretical Best
Specialty Retail
$909.9K
$796.2K – $1.06M
NOI $63,694 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
Explore this area
Business Placement
Demographics for 33155, FL
43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
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
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 - Separate residences offer flexible occupancy for rental, owner-occupant, or multigenerational living arrangements.
Where is this duplex located?
The property is located at 2053 SW 60th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Two separate remodeled units; Unit 1 includes 2 bedrooms and 1 bathroom; Unit 2 includes 1 bedroom and 1 bathroom
