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3-Unit Triplex with Updated Interiors
New
For Sale
$649,900

2480 NW 139th St, Opa Locka, FL 33054

Residential Income, Opa Locka, FL

Property Size1,701 SF
Price / SF$382.07
Days on Market4

Property Features for 2480 NW 139th St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 0100
Bedrooms 6
Full bathrooms 3
Rooms Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 4
Parking 6
Subdivision COMMUNITY GARDENS
Lot features Flood Zone, < 1/4 Acre
Directions GPS
Standard status Active
APN 08-21-22-011-1271
Size 1,701 SF

Taxes and HOA fees

Tax Year 2025
Tax Description 22 52 41 COMMUNITY GDNS PB 31-5 E54FT OF N114FT TR A BLK 152-D LOT SIZE 54.000 X 114 OR 11224-978 0781 4 COC 24547-2404 04 2006 1
Tax Annual Amount 10667
Legal Description 22 52 41 COMMUNITY GDNS PB 31-5 E54FT OF N114FT TR A BLK 152-D LOT SIZE 54.000 X 114 OR 11224-978 0781 4 COC 24547-2404 04 2006 1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 1958
Floors in Building 1
Flooring type Tile, Vinyl
Building materials CBS (Concrete Block Structure), Block
Roof type Shingle
Listing Agency: Florida Realty of Miami Corp
Listed By: Juan Perez · License #3131780
Added: Nov 2 Changed: Nov 3 Last Checked: Nov 5 at 12:06AM
MLS# A12100528

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,701-square-foot triplex in Opa Locka contains three separate living spaces. Built in 1958, the property has concrete-block construction, tile and vinyl flooring, central heating and central air conditioning. Interior improvements include renovated bathrooms, updated flooring, and refreshed electrical and plumbing systems, with new interior and exterior paint also completed. Impact-resistant windows and doors and a shingle roof installed in 2024 are among the property’s other features.

The property connects to public sewer, and cable service is available. Its three living areas provide distinct spaces within one residential property.

Key Highlights

  • Three separate living spaces
  • 1,701 square feet of building area
  • Roof installed in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,114
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$682,280 $682.3K
Cap Rate 7%
$487,343 $487.3K
Cap Rate 9%
$379,044 $379.0K
Market Conditions
NOI Build-Up for 1,701 SF
Gross rent
$52.1K $30.60/SF
− Vacancy
−$3.3K −$1.95/SF
EGI
$48.7K $28.65/SF
− OpEx
−$14.6K −$8.60/SF
NOI
$34.1K $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%
$682,280
Cap Rate 7%
$487,343
Cap Rate 9%
$379,044

Alternative Uses

Best Use
Multifamily LT 5
$487.3K
$426.4K – $568.6K (±1% cap)
NOI $34,114 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$448.9K
$392.8K – $523.7K (±1% cap)
NOI $31,423 @ 7.0% cap · market cap 4.84%
Theoretical Best
Specialty Retail
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,373 @ 7.0% cap · market cap 12.37%
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
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,147
Businesses Nearby

Demographics for 33054, FL

30,352
Population
10,263
Households
3
Avg Household Size
37
Median Age
10%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
3,613
Density / Sq Mi
$42,779
Median Household Income
$31,147
Median Earnings
$1,346
Median Rent
$291,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separate living spaces feature impact-resistant windows and doors, along with a roof installed in 2024.
Where is this triplex 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 $649,900.
What are key features of this property?
This property features: Three separate living spaces; 1,701 square feet of building area; Roof installed in 2024
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