Remodeled Duplex With Two Updated
For Sale
$619,999
2352 NW 102nd St, Miami, FL 33147
Tastefully remodeled duplex with two units, separate utilities, new kitchens, new A/C units, and recently replaced septic system.
Property Size1,969 SF
Days on Market170
Property Features for 2352 NW 102nd St
General Information
Standard status
Active
Size
1,969 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,631
Building Details
Building Size
1,969 SF
Year Built
1988
Listing Agency:
Precision Real Estate Group
Listed By:
Daniel Guerrero · License #3460312
(305) 748-3600
Source:
Marcelosteinmander
Added: May 9
Changed: Oct 17
Last Checked: Oct 25 at 12:57AM
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 Precision Real Estate Group
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Investment Insights
Based on property information with market context.
This tastefully remodeled duplex offers two spacious, updated units configured as a 3-bedroom, 2-bath home and a 2-bedroom, 1-bath home. Each unit has been refreshed with brand new kitchens and new countertops. The property also includes separate utilities for both units.
Major system upgrades have been completed, including new A/C units for both sides, plus a brand new septic tank and drain field completed this year.
Both tenants are on a month-to-month arrangement, supporting flexibility for ownership planning. The property is located at 2352 NW 102nd St, Miami, FL 33147.
Major system upgrades have been completed, including new A/C units for both sides, plus a brand new septic tank and drain field completed this year.
Both tenants are on a month-to-month arrangement, supporting flexibility for ownership planning. The property is located at 2352 NW 102nd St, Miami, FL 33147.
Key Highlights
- Tastefully remodeled duplex built in 1988 with 2 units: a 3/2 and a 2/1
- Separate utilities for each unit
- New kitchens in both units with new countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,489
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,780
$789.8K
Cap Rate 7%
$564,129
$564.1K
Cap Rate 9%
$438,767
$438.8K
Market Conditions
NOI Build-Up for 1,969 SF
Gross rent
$60.3K $30.60/SF
− Vacancy
−$3.8K −$1.95/SF
EGI
$56.4K $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%
$789,780
Cap Rate 7%
$564,129
Cap Rate 9%
$438,767
Alternative Uses
Best Use
Multifamily LT 5
$564.1K
$493.6K – $658.2K
NOI $39,489 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$519.6K
$454.7K – $606.2K
NOI $36,374 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M
NOI $93,036 @ 7.0% cap · market cap 15.01%
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
661
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Tastefully remodeled duplex with two units, separate utilities, new kitchens, new A/C units, and recently replaced septic system.
Where is this duplex located?
The property is located at 2352 NW 102nd St Miami, FL.
What is the asking price?
The asking price for this property is $619,999.
What are key features of this property?
This property features: Tastefully remodeled duplex built in 1988 with 2 units: a 3/2 and a 2/1; Separate utilities for each unit; New kitchens in both units with new countertops
