Well-Maintained Duplex
2137 NW 99th Ter Miami, FL 33147
New
For Sale
$620,000
MULTI_FAMILY - Miami, FL
Property Size1,890 SF
Price / SF$328.04
Days on Market2
Property Features for 2137 NW 99th Ter
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Rooms
Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 3
Parking
2
Standard status
Active
APN
30-31-03-019-0370
Size
1,890 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
3 53 41 WOODLAND ADD PB 6-85 LOT 8 BLK 9 LOT SIZE 50 X 140 OR 15275-1755 1191 1
Tax Annual Amount
4733
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1971
Floors in Building
1
Flooring type
Hardwood, Wood, Tile
Building materials
Block
Roof type
Flat
Listing Agency:
EXP Realty, LLC.
(888) 883-8509
Listed By:
Melissa Miller · License #3022898
(954) 388-7653
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 7:06AM
MLS# A12060324
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two residential units. Unit 1 offers a functional layout with updated and well-kept living areas. Unit 2 features an open living area with luxury plank flooring, recessed lighting, and a modern kitchen with gray shaker-style cabinetry, quartz-style countertops, and stainless steel appliances, along with a finished bathroom with contemporary tile accents.
The property also has a newer three-year roof, a large fenced backyard with mature fruit trees, and ample off-street parking. It is positioned for convenience to major highways, shopping, dining, schools, and public transportation.
As presented, the duplex provides two separate living configurations in a single investment property, along with outdoor and parking amenities intended to support everyday use.
The property also has a newer three-year roof, a large fenced backyard with mature fruit trees, and ample off-street parking. It is positioned for convenience to major highways, shopping, dining, schools, and public transportation.
As presented, the duplex provides two separate living configurations in a single investment property, along with outdoor and parking amenities intended to support everyday use.
Key Highlights
- Duplex built in 1971 with block construction
- Public water and public sewer
- Flat roof with a newer 3‑year roof
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 | $57.8k | $30.60 |
| − Vacancy | −$3.7k | −$1.95 |
| EGI | $54.1k | $28.65 |
| − OpEx | −$16.2k | −$8.60 |
| NOI | $37.9k | $20.06 |
1,890 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$541.5K
$473.8K – $631.8K
NOI $37,905 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$498.8K
$436.4K – $581.9K
NOI $34,915 @ 7.0% cap · market cap 5.63%
Theoretical Best
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,303 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with newer roof, fenced backyard, and off-street parking, offering two separate residential units.
Where is this duplex located?
The property is located at 2137 NW 99th Ter Miami, FL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Duplex built in 1971 with block construction; Public water and public sewer; Flat roof with a newer 3‑year roof
