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Renovated 2-Unit Duplex
New
For Sale
$874,990

250 NW 34th Ave, Miami, FL 33125

Residential Income, Miami, FL

Property Size1,854 SF
Price / SF$471.95
Days on Market2

Property Features for 250 NW 34th Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 5700
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 3
Parking 4
Subdivision TWELFTH ST MANORS
Lot features 1/4 to 1/2 Acre Lot
Directions SEE MAP-GPS
Standard status Active
APN 01-41-04-023-3340
Size 1,854 SF

Taxes and HOA fees

Tax Year 2025
Tax Description TWELFTH STREET MANORS PB 5-59 LOT 11 BLK 35 LOT SIZE 55.000 X 100 OR 20461-4591 03 2002 4
Tax Annual Amount 10266
Legal Description TWELFTH STREET MANORS PB 5-59 LOT 11 BLK 35 LOT SIZE 55.000 X 100 OR 20461-4591 03 2002 4

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air, Attic Fan

Building Details

Year built 1947
Floors in Building 2
Flooring type Tile
Building materials CBSConcreteBlockStructure, Block
Roof type Shingle
Listing Agency: United Realty Group Inc
Listed By: Leticia Munoz PA · License #3168261
Added: Oct 11 Last Checked: Oct 12 at 7:06PM
MLS# A12104751

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.

Investment Insights

Based on property information with market context.

This 1,854-square-foot duplex at 250 NW 34th Ave in Miami contains two residences: one with 2 bedrooms and 2 bathrooms, and another with 2 bedrooms and 1 bathroom. Built in 1947, the property received renovations in 2025, including work to the kitchens and bathrooms. Improvements also include stainless steel appliances, a roof replacement completed with permits, a new air-conditioning unit, updated plumbing, and a new electrical panel.

Both units are currently rented. The building has a concrete block structure, tile flooring, electric heat, central air conditioning, and an attic fan. It is served by public sewer and has a shingle roof.

Key Highlights

  • Two units totaling 1,854 square feet
  • Unit mix: one 2‑bedroom, 2‑bath residence and one 2‑bedroom, 1‑bath residence
  • Both units are currently rented

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,183
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$743,660 $743.7K
Cap Rate 7%
$531,186 $531.2K
Cap Rate 9%
$413,144 $413.1K
Market Conditions
NOI Build-Up for 1,854 SF
Gross rent
$56.7K $30.60/SF
− Vacancy
−$3.6K −$1.95/SF
EGI
$53.1K $28.65/SF
− OpEx
−$15.9K −$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%
$743,660
Cap Rate 7%
$531,186
Cap Rate 9%
$413,144

Alternative Uses

Best Use
Multifamily LT 5
$531.2K
$464.8K – $619.7K (±1% cap)
NOI $37,183 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$489.3K
$428.1K – $570.8K (±1% cap)
NOI $34,250 @ 7.0% cap · market cap 3.91%
Theoretical Best
Specialty Retail
$1.25M
$1.10M – $1.46M (±1% cap)
NOI $87,602 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,981
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied, with a two-bedroom, two-bath layout in one and a two-bedroom, one-bath layout in the other.
Where is this duplex located?
The property is located at 250 NW 34th Ave Miami, FL.
What is the asking price?
The asking price for this property is $874,990.
What are key features of this property?
This property features: Two units totaling 1,854 square feet; Unit mix: one 2‑bedroom, 2‑bath residence and one 2‑bedroom, 1‑bath residence; Both units are currently rented
More about this property
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