Duplex with Covered
New
For Sale
$799,999
2714 NW 23rd Ave, Miami, FL 33142
Residential Income, Miami, FL
Property Size2,480 SF
Lot Size0.12 Acres
Price / SF$322.58
Days on Market3
Property Features for 2714 NW 23rd Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
3900
Bedrooms
5
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 2
Parking
3
Subdivision
WESTHAVEN
Lot features
Flood Zone, < 1/4 Acre
Standard status
Active
APN
01-31-27-026-0450
Size
2,480 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
WESTHAVEN PB 6-95 LOT 26 BLK 2 LOT SIZE 40.000 X 135 OR 13103-2940 1286 1
Tax Annual Amount
9507
Legal Description
WESTHAVEN PB 6-95 LOT 26 BLK 2 LOT SIZE 40.000 X 135 OR 13103-2940 1286 1
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Amenities
aluminum carport with flooring
concrete patio slab with a roof
fenced perimeters
Building Details
Year built
1972
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Tile, Flat
Listing Agency:
Luxe Properties
(305) 809-7650
Listed By:
Justin Kirkwood · License #3349209
(786) 205-7060
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:06PM
MLS# A12113066
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This one-story duplex contains two living units in a block-constructed building measuring 2,480 square feet. The property includes an aluminum carport with flooring, a roofed concrete patio slab, and fenced boundaries. Tile flooring, central electric heating and cooling, and a flat tile roof are among the building features. The structure dates to 1972.
The property is in Miami, with access to SR-836 and I-95, as well as downtown Miami and local shopping and dining. The site encompasses 5,400 square feet and is served by public sewer.
The property is in Miami, with access to SR-836 and I-95, as well as downtown Miami and local shopping and dining. The site encompasses 5,400 square feet and is served by public sewer.
Key Highlights
- Two living units in a 2,480‑square‑foot building
- 5,400‑square‑foot lot
- One‑story block construction; built in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,738
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$994,760
$994.8K
Cap Rate 7%
$710,543
$710.5K
Cap Rate 9%
$552,644
$552.6K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$75.9K $30.60/SF
− Vacancy
−$4.8K −$1.95/SF
EGI
$71.1K $28.65/SF
− OpEx
−$21.3K −$8.60/SF
NOI
$49.7K $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%
$994,760
Cap Rate 7%
$710,543
Cap Rate 9%
$552,644
Alternative Uses
Best Use
Multifamily LT 5
$710.5K
$621.7K – $829.0K
NOI $49,738 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$654.5K
$572.7K – $763.6K
NOI $45,814 @ 7.0% cap · market cap 5.73%
Theoretical Best
Specialty Retail
$1.67M
$1.46M – $1.95M
NOI $117,181 @ 7.0% cap · market cap 14.65%
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
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,938
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living units share a one-story layout with a carport and fenced perimeter.
Where is this duplex located?
The property is located at 2714 NW 23rd Ave Miami, FL.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Two living units in a 2,480‑square‑foot building; 5,400‑square‑foot lot; One‑story block construction; built in 1972
