Two-Unit Duplex with Short-Term Rental
2109 NW 65 ST, Miami, FL 33147
For Sale
$785,000
Residential Income, Unincorporated Dade, FL
Property Size2,300 SF
Price / SF$341.30
Days on Market50
Property Features for 2109 NW 65 ST
General Information
Property type
Property subtype
Property condition
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
impact windows
tankless water heater
laundry closet
stainless steel appliances
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Keller Williams Eagle Realty · Keller Williams Realty
(305) 757-1700
Listed By:
Ivan Rabinovich · License FL #3276152
(305) 803-0894
Added: Sep 22
Changed: Nov 10
Last Checked: Nov 10 at 8:06PM
MLS# A12093734
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.
Under construction, this duplex is designed with two 3-bedroom, 2-bathroom residences and 2,300 square feet of total property area. Each unit has a laundry closet, a tankless water heater, central heating and air conditioning, and impact windows. Ceramic tile flooring and a shingle roof are specified, with concrete block construction. Stainless steel appliances are planned for installation before closing.
Short-term rentals are approved. The property includes 2 parking spaces per unit and connects to public water and sewer service.
Short-term rentals are approved. The property includes 2 parking spaces per unit and connects to public water and sewer service.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- 2,300 square feet of total property area
- Short‑term rentals approved
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,128
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,560
$922.6K
Cap Rate 7%
$658,971
$659.0K
Cap Rate 9%
$512,533
$512.5K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$70.4K $30.60/SF
− Vacancy
−$4.5K −$1.95/SF
EGI
$65.9K $28.65/SF
− OpEx
−$19.8K −$8.60/SF
NOI
$46.1K $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%
$922,560
Cap Rate 7%
$658,971
Cap Rate 9%
$512,533
Alternative Uses
Best Use
Multifamily LT 5
$659.0K
$576.6K – $768.8K
NOI $46,128 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$607.0K
$531.1K – $708.2K
NOI $42,489 @ 7.0% cap · market cap 5.41%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,676 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,193
Businesses Nearby
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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
$301,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, in-unit laundry, and a separate tankless water heater.
Where is this duplex located?
The property is located at 2109 NW 65 ST Miami, FL.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; 2,300 square feet of total property area; Short‑term rentals approved
