Two-Unit
2406 NW 67th St, Miami, FL 33147
For Sale
$589,000
Separate unit layouts provide a two-residence configuration within one property.
Property Size1,530 SF
Price / SF$384.97
Days on Market199
Property Features for 2406 NW 67th St
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Grant and Associates Real Estate INC
Listed By:
Kenneth Grant III · License FL #3379095
(954) 822-0548
Source:
Emporiore
Added: Apr 26
Changed: Nov 8
Last Checked: Nov 10 at 3:05PM
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 Grant and Associates Real Estate INC
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Investment Insights
Based on property information with market context.
This Miami duplex contains two separately configured residences in a 1,530-square-foot building. Constructed in 2000, the property is currently owner-occupied.
Key Highlights
- Two separately configured residential units
- 1,530 square feet of building area
- Built in 2000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,685
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,700
$613.7K
Cap Rate 7%
$438,357
$438.4K
Cap Rate 9%
$340,944
$340.9K
Market Conditions
NOI Build-Up for 1,530 SF
Gross rent
$46.8K $30.60/SF
− Vacancy
−$3.0K −$1.95/SF
EGI
$43.8K $28.65/SF
− OpEx
−$13.2K −$8.60/SF
NOI
$30.7K $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%
$613,700
Cap Rate 7%
$438,357
Cap Rate 9%
$340,944
Alternative Uses
Best Use
Multifamily LT 5
$438.4K
$383.6K – $511.4K
NOI $30,685 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$403.8K
$353.3K – $471.1K
NOI $28,264 @ 7.0% cap · market cap 4.80%
Theoretical Best
Specialty Retail
$1.03M
$903.7K – $1.20M
NOI $72,293 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
796
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 - Separate unit layouts provide a two-residence configuration within one property.
Where is this duplex located?
The property is located at 2406 NW 67th St Miami, FL.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Two separately configured residential units; 1,530 square feet of building area; Built in 2000
