Income-Producing Duplex
2275 NW 30th St Miami, FL 33142
For Sale
Contact for pricing
Duplex with a rented 1-bedroom unit, a larger 4-bedroom main home, plus RV and boat lease income on-site.
Property Size2,262 SF
Price / SF$344.39
Days on Market59
Property Features for 2275 NW 30th St
General Information
- Standard status
- Active
- Size
- 2,262 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1935
Listing Agency:
Modern World Realty
(305) 903-9158
Listed By:
John Mena · License #3277370
Source:
Crexi
Added: May 27
Changed: Jul 10
Last Checked: Jul 21 at 7:55AM
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 Modern World Realty
Investment Insights
Based on property information with market context.
This income-producing duplex includes a spacious main residence with 4 bedrooms and 3.5 bathrooms, along with a separate 1-bedroom, 1-bath unit. The smaller unit is currently rented for $2,300 per month. Per the owner, the property is generating $7,900 per month in total income, and the main home has stated rental potential of over $4,750 per month.
The property also includes a rentable RV setup and two boat lease spaces, providing additional sources of monthly income alongside the residential units. The asset is located in Miami.
For investors, this configuration combines two residential income streams with on-site ancillary RV and boat lease revenue. For owner-occupants, the duplex design supports living in the larger home while renting the separate 1-bedroom unit. With the main residence sized for a multi-bedroom household and the separate unit already in place as a leased component, the property can fit buyers seeking an operator-style setup with multiple income lines supported by the current reported performance.
The property also includes a rentable RV setup and two boat lease spaces, providing additional sources of monthly income alongside the residential units. The asset is located in Miami.
For investors, this configuration combines two residential income streams with on-site ancillary RV and boat lease revenue. For owner-occupants, the duplex design supports living in the larger home while renting the separate 1-bedroom unit. With the main residence sized for a multi-bedroom household and the separate unit already in place as a leased component, the property can fit buyers seeking an operator-style setup with multiple income lines supported by the current reported performance.
Key Highlights
- Duplex built in 1935 with income‑producing separate living units plus on‑site RV and boat lease income
- Main home offers 4 bedrooms and 3.5 bathrooms with rental potential of over $4,750 per month
- Separate 1‑bedroom, 1‑bath unit is currently rented for $2,300 per month
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 | $69.2k | $30.60 |
| − Vacancy | −$4.4k | −$1.95 |
| EGI | $64.8k | $28.65 |
| − OpEx | −$19.4k | −$8.60 |
| NOI | $45.4k | $20.06 |
2,262 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$648.1K
$567.1K – $756.1K
NOI $45,366 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$597.0K
$522.3K – $696.5K
NOI $41,787 @ 7.0% cap · market cap 5.36%
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.78M
NOI $106,881 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with a rented 1-bedroom unit, a larger 4-bedroom main home, plus RV and boat lease income on-site.
Where is this duplex located?
The property is located at 2275 NW 30th St Miami, FL.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Duplex built in 1935 with income‑producing separate living units plus on‑site RV and boat lease income; Main home offers 4 bedrooms and 3.5 bathrooms with rental potential of over $4,750 per month; Separate 1‑bedroom, 1‑bath unit is currently rented for $2,300 per month
