Duplex with Hurricane
For Sale
$770,000
2271/2273 NW 66th St, Miami, FL 33147
Two leased residences offer granite kitchens, private parking, and a gated front porch.
Property Size2,440 SF
Price / SF$315.57
Days on Market134
Property Features for 2271/2273 NW 66th St
General Information
Standard status
Active
Size
2,440 SF
Property subtype
Duplex
Occupancy
100%
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$11,582
Amenities
hurricane shutters
gated front porch
granite countertops
center island
stainless-steel appliances
Building Details
Building Size
2,440 SF
Year Built
2019
Buildings
1
Listing Agency:
Julies Realty, LLC
Listed By:
Vonshari Hoardes · License #3403951
(561) 654-7007
Source:
Casacollectiongroup
Added: Jun 10
Changed: Oct 16
Last Checked: Oct 19 at 5:48PM
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 Julies Realty, LLC
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Investment Insights
Based on property information with market context.
This 2,520-square-foot duplex contains two 3-bedroom, 2-bath residences, providing a two-unit configuration with both units currently leased. Constructed in 2019, the property includes hurricane shutters, a gated front porch, and private parking. Each kitchen is fitted with granite countertops, a center island, and stainless-steel appliances including a stove, microwave, and refrigerator.
The property is located at 2271/2273 NW 66th St in Miami, with access to I-95 and the airport described as minutes away. Zoning is identified as 5700.
The property is located at 2271/2273 NW 66th St in Miami, with access to I-95 and the airport described as minutes away. Zoning is identified as 5700.
Key Highlights
- 2,520 SF duplex built in 2019
- Two 3 Bed / 2 Bath units, both currently leased
- Hurricane shutters and gated front porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,936
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$978,720
$978.7K
Cap Rate 7%
$699,086
$699.1K
Cap Rate 9%
$543,733
$543.7K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$74.7K $30.60/SF
− Vacancy
−$4.8K −$1.95/SF
EGI
$69.9K $28.65/SF
− OpEx
−$21.0K −$8.60/SF
NOI
$48.9K $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%
$978,720
Cap Rate 7%
$699,086
Cap Rate 9%
$543,733
Alternative Uses
Best Use
Multifamily LT 5
$699.1K
$611.7K – $815.6K
NOI $48,936 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$643.9K
$563.4K – $751.3K
NOI $45,075 @ 7.0% cap · market cap 5.85%
Theoretical Best
Specialty Retail
$1.65M
$1.44M – $1.92M
NOI $115,291 @ 7.0% cap · market cap 14.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
796
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased residences offer granite kitchens, private parking, and a gated front porch.
Where is this duplex located?
The property is located at 2271/2273 NW 66th St Miami, FL.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: 2,520 SF duplex built in 2019; Two 3 Bed / 2 Bath units, both currently leased; Hurricane shutters and gated front porch
