Triplex with Efficiency
New
For Sale
$649,900
2480 NW 139th St Opa-Locka, Opa Locka, FL 33054
Three independent living spaces combine updated interiors with separate rental configurations.
Property Size1,701 SF
Days on Market4
Property Features for 2480 NW 139th St Opa-Locka
General Information
Standard status
Active
Size
1,701 SF
Property subtype
Duplex
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$10,667
Building Details
Building Size
1,701 SF
Year Built
1958
Listing Agency:
Florida Realty of Miami Corp
Listed By:
Juan Perez · License #3131780
(786) 317-4841
Source:
Vanessafrankmiami
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 4 at 1:43PM
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 Florida Realty of Miami Corp
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Investment Insights
Based on property information with market context.
This triplex property contains three separate living spaces, including an efficiency. Renovations include refreshed bathrooms, new flooring, updated electrical and plumbing systems, and new interior and exterior paint. Impact-resistant windows and doors are installed, and the roof was replaced in 2024. The building contains 1,701 square feet and was built in 1958.
Key Highlights
- Three separate living spaces, including an efficiency
- 1,701‑square‑foot building constructed in 1958
- 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
NOI $34,114 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$448.9K
$392.8K – $523.7K
NOI $31,423 @ 7.0% cap · market cap 4.84%
Theoretical Best
Specialty Retail
$1.15M
$1.00M – $1.34M
NOI $80,373 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,147
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three independent living spaces combine updated interiors with separate rental configurations.
Where is this triplex located?
The property is located at 2480 NW 139th St Opa-Locka 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, including an efficiency; 1,701‑square‑foot building constructed in 1958; Roof installed in 2024
