Two-Unit Duplex with
New
For Sale
$718,000
2729 SW 67th Ave, Miami, FL 33155
Two separate residences share a property with outdoor space and parking for both homes.
Property Size2,450 SF
Price / SF$336.30
Days on Market6
Property Features for 2729 SW 67th Ave
General Information
Standard status
Active
Size
2,450 SF
Total Parking Spaces
5
Property subtype
Residential Income
Zoning
0100
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$10,605
Amenities
Central Air
Central
Building Details
Building Size
2,450 SF
Year Built
1950
Buildings
2
Stories
2
Listing Agency:
LoKation Real Estate
Listed By:
Cibele Zuazu · License #3260855
(305) 942-3434
Source:
Evrealestate
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 28 at 8:20AM
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 LoKation Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1950, this duplex contains two separate houses totaling 2,135 square feet. The front residence has a porch, while the rear home includes a backyard. A few parking spaces serve both properties.
The property is at 2729 SW 67th Avenue in Miami, near a hospital, stores, banks, and Coral Way.
The property is at 2729 SW 67th Avenue in Miami, near a hospital, stores, banks, and Coral Way.
Key Highlights
- Two separate houses totaling 2,135 square feet
- Built in 1950
- Front house has a porch; rear house has a backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,819
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$856,380
$856.4K
Cap Rate 7%
$611,700
$611.7K
Cap Rate 9%
$475,767
$475.8K
Market Conditions
NOI Build-Up for 2,135 SF
Gross rent
$65.3K $30.60/SF
− Vacancy
−$4.2K −$1.95/SF
EGI
$61.2K $28.65/SF
− OpEx
−$18.4K −$8.60/SF
NOI
$42.8K $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%
$856,380
Cap Rate 7%
$611,700
Cap Rate 9%
$475,767
Alternative Uses
Best Use
Multifamily LT 5
$611.7K
$535.2K – $713.7K
NOI $42,819 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$563.4K
$493.0K – $657.4K
NOI $39,441 @ 7.0% cap · market cap 5.49%
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,880 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,946
Businesses Nearby
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Business Placement
Demographics for 33155, FL
43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences share a property with outdoor space and parking for both homes.
Where is this duplex located?
The property is located at 2729 SW 67th Ave Miami, FL.
What is the asking price?
The asking price for this property is $718,000.
What are key features of this property?
This property features: Two separate houses totaling 2,135 square feet; Built in 1950; Front house has a porch; rear house has a backyard
