Duplex with Fenced
New
For Sale
$522,722
236 E 14th Street, Hialeah, FL 33010
Two-unit residential property with CBS construction, separate layouts, and an enclosed outdoor area.
Property Size2,597 SF
Price / SF$244.72
Days on Market2
Property Features for 236 E 14th Street
General Information
Standard status
Active
Size
2,597 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
0100
Units
Unit Mix
1 x 4BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
large fenced yard
Building Details
Building Size
2,597 SF
Year Built
1926
Buildings
1
Stories
1
Construction
CBS Construction
Listing Agency:
Keller Williams Dedicated Professionals
Listed By:
Roman Pavlik · License #0677141
(954) 317-0104
Source:
Laerrealty
Added: Sep 22
Last Checked: Sep 22 at 1:41PM
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 Keller Williams Dedicated Professionals
Investment Insights
Based on property information with market context.
This two-unit residential property was built in 1926 and offers a 4/2 unit alongside a 1/1 unit. The building uses CBS construction, with laminate flooring in the larger residence. The property measures 2,136 square feet and includes a fenced yard.
Located at 236 E 14th Street in Hialeah, the property carries zoning designation 0100. Its duplex configuration and varied unit layouts provide a straightforward residential income property format.
Located at 236 E 14th Street in Hialeah, the property carries zoning designation 0100. Its duplex configuration and varied unit layouts provide a straightforward residential income property format.
Key Highlights
- 4/2 and 1/1 duplex unit mix
- 2,136 square feet of property size
- CBS construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,704
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$614,080
$614.1K
Cap Rate 7%
$438,629
$438.6K
Cap Rate 9%
$341,156
$341.2K
Market Conditions
NOI Build-Up for 2,136 SF
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.
Gross rent
$47.4K $22.20/SF
− Vacancy
−$3.6K −$1.67/SF
EGI
$43.9K $20.54/SF
− OpEx
−$13.2K −$6.16/SF
NOI
$30.7K $14.37/SF
Area
Hialeah, FL
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$614,080
Cap Rate 7%
$438,629
Cap Rate 9%
$341,156
Alternative Uses
Best Use
Multifamily LT 5
$438.6K
$383.8K – $511.7K
NOI $30,704 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$408.6K
$357.5K – $476.7K
NOI $28,603 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$840.7K
$735.6K – $980.9K
NOI $58,851 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,656
Businesses Nearby
Explore this area
Business Placement
Demographics for 33010, FL
43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with CBS construction, separate layouts, and an enclosed outdoor area.
Where is this duplex located?
The property is located at 236 E 14th Street Hialeah, FL.
What is the asking price?
The asking price for this property is $522,722.
What are key features of this property?
This property features: 4/2 and 1/1 duplex unit mix; 2,136 square feet of property size; CBS construction
