Renovated Duplex Income
2480 NW 139th St Opa Locka, FL 33054
For Sale
Contact for pricing
Renovated duplex with updated kitchens, modern bathrooms, tile floors, impact windows, and separate meters.
Property Size1,288 SF
Price / SF$387.42
Days on Market79
Property Features for 2480 NW 139th St
General Information
- Standard status
- Active
- Size
- 1,288 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1958
Listing Agency:
M-Sec Realty, LLC
(786) 312-8652
Listed By:
Louis Ponce · License #3233364
Source:
Crexi
Added: May 7
Changed: Jul 22
Last Checked: Jul 23 at 4:54AM
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 M-Sec Realty, LLC
Investment Insights
Based on property information with market context.
This renovated duplex is positioned for strong income use, featuring gorgeous tile floors throughout the units, modern style bathrooms, and updated kitchens. Additional improvements include a newer roof and impact windows. The property also has separate meters for the units.
The duplex sits on a large lot with a new fence surrounding the property.
With its renovated interior and unit-level metering, this duplex offers a straightforward residential income setup within the listed configuration.
The duplex sits on a large lot with a new fence surrounding the property.
With its renovated interior and unit-level metering, this duplex offers a straightforward residential income setup within the listed configuration.
Key Highlights
- Renovated duplex built in 1958 in Opa‑Locka
- Updated kitchens and modern style bathrooms in both units
- Tile floors throughout the units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.4k | $30.60 |
| − Vacancy | −$2.5k | −$1.95 |
| EGI | $36.9k | $28.65 |
| − OpEx | −$11.1k | −$8.60 |
| NOI | $25.8k | $20.06 |
1,288 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$369.0K
$322.9K – $430.5K
NOI $25,832 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$339.9K
$297.4K – $396.6K
NOI $23,794 @ 7.0% cap · market cap 4.77%
Theoretical Best
Specialty Retail
$869.4K
$760.7K – $1.01M
NOI $60,859 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Renovated duplex with updated kitchens, modern bathrooms, tile floors, impact windows, and separate meters.
Where is this duplex located?
The property is located at 2480 NW 139th St Opa Locka, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Renovated duplex built in 1958 in Opa‑Locka; Updated kitchens and modern style bathrooms in both units; Tile floors throughout the units
