2022-Built
2490 Northwest 44th Street Miami, FL 33142
For Sale
$850,000
Two separately metered, 3-bedroom units with impact-ready construction and parking for up to four vehicles.
Property Size1,998 SF
Price / SF$425.43
Days on Market229
Property Features for 2490 Northwest 44th Street
General Information
- Standard status
- Active
- Size
- 1,998 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 2022
Listing Agency:
Lifestyle Int. Realty
(305) 809-8085
Listed By:
Marvin Ordonez · License #3410903
(305) 809-8085
Source:
Compass
Added: Dec 7, 2025
Changed: Jul 23
Last Checked: Jul 23 at 11:11AM
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 Lifestyle Int. Realty
Investment Insights
Based on property information with market context.
Built in 2022, this duplex at 2490 Northwest 44th Street, Miami, FL 33142 includes two spacious units, each offering 3 bedrooms and 2 bathrooms. Interior finishes feature high-quality porcelain flooring. The structure is built with solid CBS construction and impact windows and doors, complemented by a shingle roof. Each unit is separately metered and is currently vacant, positioning the property for immediate rental onboarding.
The duplex sits on a large lot with ample parking for up to four vehicles. There is no HOA and no rental restrictions. The property is located in a high-demand Miami area near major highways, Downtown Miami, Wynwood, Miami International Airport, and public transportation, supporting convenient day-to-day access.
As a straightforward income property, it offers a turnkey configuration with two independent units and dedicated metering, ideal for investors seeking rental income or an owner-occupant looking to offset housing costs.
The duplex sits on a large lot with ample parking for up to four vehicles. There is no HOA and no rental restrictions. The property is located in a high-demand Miami area near major highways, Downtown Miami, Wynwood, Miami International Airport, and public transportation, supporting convenient day-to-day access.
As a straightforward income property, it offers a turnkey configuration with two independent units and dedicated metering, ideal for investors seeking rental income or an owner-occupant looking to offset housing costs.
Key Highlights
- 2022‑built duplex with two separate units, each featuring 3 bedrooms and 2 bathrooms
- Solid CBS construction with impact windows and impact doors, plus a shingle roof
- Each unit is separately metered and currently vacant, with estimated market rent potential of about $3,500 per unit
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 | $61.1k | $30.60 |
| − Vacancy | −$3.9k | −$1.95 |
| EGI | $57.2k | $28.65 |
| − OpEx | −$17.2k | −$8.60 |
| NOI | $40.1k | $20.06 |
1,998 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$572.4K
$500.9K – $667.9K
NOI $40,071 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$527.3K
$461.4K – $615.2K
NOI $36,910 @ 7.0% cap · market cap 4.34%
Theoretical Best
Specialty Retail
$1.35M
$1.18M – $1.57M
NOI $94,406 @ 7.0% cap · market cap 11.11%
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 - Two separately metered, 3-bedroom units with impact-ready construction and parking for up to four vehicles.
Where is this duplex located?
The property is located at 2490 Northwest 44th Street Miami, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2022‑built duplex with two separate units, each featuring 3 bedrooms and 2 bathrooms; Solid CBS construction with impact windows and impact doors, plus a shingle roof; Each unit is separately metered and currently vacant, with estimated market rent potential of about $3,500 per unit
