Renovated
2328 NW 80th St, Miami, FL 33147
For Sale
$595,000
Two separate residences each offer a two-bedroom, one-bath layout.
Property Size1,650 SF
Price / SF$360.61
Days on Market134
Property Features for 2328 NW 80th St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Amp Realty Group, LLC
Listed By:
Mario Aedo · License FL #3364030
(305) 989-1667
Source:
Emporiore
Added: Jun 30
Changed: Nov 8
Last Checked: Nov 10 at 5:35PM
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 Amp Realty Group, LLC
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Investment Insights
Based on property information with market context.
This duplex contains two residences, each arranged with two bedrooms and one bathroom, for a combined total of four bedrooms and two bathrooms. The 1,650-square-foot property was built in 1947 and has undergone renovation work, including replacement of the roof, electrical and plumbing systems, impact windows and doors, flooring, paint, stucco, and landscaping.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,650 square feet; built in 1947
- Renovation includes new roof, electrical and plumbing systems, impact windows and doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,092
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,840
$661.8K
Cap Rate 7%
$472,743
$472.7K
Cap Rate 9%
$367,689
$367.7K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$50.5K $30.60/SF
− Vacancy
−$3.2K −$1.95/SF
EGI
$47.3K $28.65/SF
− OpEx
−$14.2K −$8.60/SF
NOI
$33.1K $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%
$661,840
Cap Rate 7%
$472,743
Cap Rate 9%
$367,689
Alternative Uses
Best Use
Multifamily LT 5
$472.7K
$413.7K – $551.5K
NOI $33,092 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$435.4K
$381.0K – $508.0K
NOI $30,481 @ 7.0% cap · market cap 5.12%
Theoretical Best
Specialty Retail
$1.11M
$974.5K – $1.30M
NOI $77,963 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,206
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 - Two separate residences each offer a two-bedroom, one-bath layout.
Where is this duplex located?
The property is located at 2328 NW 80th St Miami, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,650 square feet; built in 1947; Renovation includes new roof, electrical and plumbing systems, impact windows and doors
