Two-Unit Duplex with Private
New
For Sale
$755,000
2218 NW 66th St, Miami, FL 33147
Residential Income, Miami, FL
Property Size1,971 SF
Lot Size0.17 Acres
Price / SF$383.05
Days on Market1
Property Features for 2218 NW 66th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
6
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4
Parking
4
Subdivision
22ND AVE HEIGHTS
Lot features
< 1/4 Acre
Directions
from Miami International Airport: Take Le Jeune Road (NW 42nd Ave) north to NW 36th Street. Head east, then turn left onto NW 27th Avenue. Continue north to NW 66th Street and turn right
Standard status
Active
APN
30-31-15-018-0280
Size
1,971 SF
Lot size
0.17 Acres
Additional Details
Individually Metered Utilities
water, electricity
Taxes and HOA fees
Tax Year
2025
Tax Description
15 53 41 22ND AVE HTS PB 45-3 LOT 9 BLK 3 LOT SIZE 55.000 X 136
Tax Annual Amount
10285
Legal Description
15 53 41 22ND AVE HTS PB 45-3 LOT 9 BLK 3 LOT SIZE 55.000 X 136
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
private laundry rooms
fenced backyard
Building Details
Year built
2020
Floors in Building
2
Flooring type
Tile - Porcelian
Building materials
Block
Roof type
Shingle
Buildings
1
Listing Agency:
Realty One Group Evolution
(786) 477-4715
Listed By:
Ingrid Roldan · License #3136467
(786) 346-5028
Added: Oct 23
Last Checked: Oct 23 at 9:06PM
MLS# A12112004
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.
Built in 2020, this 1,971-square-foot, two-story block duplex contains two independent units, each with three bedrooms and two bathrooms. Both residences feature open layouts, 24-by-24-inch porcelain tile, quartz kitchen counters, wood cabinetry, stainless steel appliances, central air conditioning, tankless water heaters, and private laundry rooms. Separate water and electric meters serve each unit. The property also includes a shingle roof, public sewer, a fenced yard, and parking on a 7,500-square-foot lot.
The Miami property is a short drive from Midtown, Wynwood, Downtown Miami, Miami International Airport, and major highways. There is no HOA.
The Miami property is a short drive from Midtown, Wynwood, Downtown Miami, Miami International Airport, and major highways. There is no HOA.
Key Highlights
- Two‑story duplex with two three‑bedroom, two‑bathroom units
- 1,971 square feet on a 7,500 Sq. Ft. lot
- 2020 construction with block exterior and shingle roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,529
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,580
$790.6K
Cap Rate 7%
$564,700
$564.7K
Cap Rate 9%
$439,211
$439.2K
Market Conditions
NOI Build-Up for 1,971 SF
Gross rent
$60.3K $30.60/SF
− Vacancy
−$3.8K −$1.95/SF
EGI
$56.5K $28.65/SF
− OpEx
−$16.9K −$8.60/SF
NOI
$39.5K $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%
$790,580
Cap Rate 7%
$564,700
Cap Rate 9%
$439,211
Alternative Uses
Best Use
Multifamily LT 5
$564.7K
$494.1K – $658.8K
NOI $39,529 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$520.2K
$455.1K – $606.9K
NOI $36,411 @ 7.0% cap · market cap 4.82%
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M
NOI $93,131 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
859
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide independent utility meters, individual laundry rooms, and shared outdoor space.
Where is this duplex located?
The property is located at 2218 NW 66th St Miami, FL.
What is the asking price?
The asking price for this property is $755,000.
What are key features of this property?
This property features: Two‑story duplex with two three‑bedroom, two‑bathroom units; 1,971 square feet on a 7,500 Sq. Ft. lot; 2020 construction with block exterior and shingle roof
