Two-Unit Duplex with Separate Electric
For Sale
$620,000
2411 NW 65th St, Miami, FL 33147
Two occupied residences offer rental income, with individual electric metering for each unit.
Property Size1,856 SF
Price / SF$334.05
Days on Market163
Property Features for 2411 NW 65th St
General Information
Standard status
Active
Size
1,856 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BD/1BA
Multifamily Units
2
Individually Metered Utilities
electricity
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,131
Building Details
Building Size
1,856 SF
Year Built
1973
Buildings
1
Tenancy
Multi
Listing Agency:
Emporio Real Estate
Listed By:
Ari Banegas · License #3242158
(305) 989-9794
Source:
Emporiore
Added: May 21
Changed: Oct 27
Last Checked: Oct 27 at 3:40AM
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 Emporio Real Estate
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Investment Insights
Based on property information with market context.
This Miami duplex contains two 2-bedroom, 1-bathroom units within an 1,856-square-foot property built in 1973. Separate electric meters serve the residences, and both have long-term tenants in place.
The property is near Northside Shopping Center, local restaurants, shopping, and everyday services, with access to major highways. Its two-unit configuration supports rental use or occupancy of one residence alongside income from the other.
The property is near Northside Shopping Center, local restaurants, shopping, and everyday services, with access to major highways. Its two-unit configuration supports rental use or occupancy of one residence alongside income from the other.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- 1,856 square feet; built in 1973
- Separate electric meters for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,223
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,460
$744.5K
Cap Rate 7%
$531,757
$531.8K
Cap Rate 9%
$413,589
$413.6K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$56.8K $30.60/SF
− Vacancy
−$3.6K −$1.95/SF
EGI
$53.2K $28.65/SF
− OpEx
−$16.0K −$8.60/SF
NOI
$37.2K $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%
$744,460
Cap Rate 7%
$531,757
Cap Rate 9%
$413,589
Alternative Uses
Best Use
Multifamily LT 5
$531.8K
$465.3K – $620.4K
NOI $37,223 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$489.8K
$428.6K – $571.5K
NOI $34,287 @ 7.0% cap · market cap 5.53%
Theoretical Best
Specialty Retail
$1.25M
$1.10M – $1.46M
NOI $87,697 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
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 - Two occupied residences offer rental income, with individual electric metering for each unit.
Where is this duplex located?
The property is located at 2411 NW 65th St Miami, FL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 1,856 square feet; built in 1973; Separate electric meters for each residence
