Two-Unit Duplex with Impact
New
For Sale
$950,000
2805 NW 11th Street, Miami, FL 33125
Each residence has a private laundry setup, separate utility meters, and three dedicated parking spaces.
Property Size2,800 SF
Price / SF$339.29
Days on Market5
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Property Features for 2805 NW 11th Street
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
3
Taxes and HOA fees
Annual Taxes
$14,476
Amenities
stainless steel appliances
in-unit stacked washer and dryer
hurricane-impact windows and doors
central A/C
gated entry
large backyard with fruit trees
Building Details
Building Size
2,800 SF
Year Built
1968
Tenancy
Multi
Listing Agency:
Roger Lissade Realty
Listed By:
Rodrigue Lissade · License #3333156
Source:
Batrare
Added: Oct 11
Changed: Oct 15
Last Checked: Oct 15 at 1:53AM
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 Roger Lissade Realty
Investment Insights
Based on property information with market context.
This duplex contains two matching residences, each with three bedrooms, two bathrooms, a living room, dining area, and kitchen with stainless steel appliances. Both homes include stacked in-unit washers and dryers. Central air conditioning serves the building, and hurricane-impact windows and doors are installed. A permitted roof replacement was completed in 2025. The 2,800-square-foot property was built in 1968.
Separate water and electric meters serve the units, which have three dedicated parking spaces apiece. The gated property also includes a backyard with fruit trees. One residence is occupied on a month-to-month basis; the other has a lease through September 30, 2027.
Separate water and electric meters serve the units, which have three dedicated parking spaces apiece. The gated property also includes a backyard with fruit trees. One residence is occupied on a month-to-month basis; the other has a lease through September 30, 2027.
Key Highlights
- Two matching 3‑bedroom, 2‑bathroom residences
- 2,800‑square‑foot building constructed in 1968
- Permitted roof replacement completed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,156
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,123,120
$1.1M
Cap Rate 7%
$802,229
$802.2K
Cap Rate 9%
$623,956
$624.0K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$85.7K $30.60/SF
− Vacancy
−$5.5K −$1.95/SF
EGI
$80.2K $28.65/SF
− OpEx
−$24.1K −$8.60/SF
NOI
$56.2K $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%
$1,123,120
Cap Rate 7%
$802,229
Cap Rate 9%
$623,956
Alternative Uses
Best Use
Multifamily LT 5
$802.2K
$702.0K – $935.9K
NOI $56,156 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$738.9K
$646.6K – $862.1K
NOI $51,726 @ 7.0% cap · market cap 5.44%
Theoretical Best
Specialty Retail
$1.89M
$1.65M – $2.21M
NOI $132,301 @ 7.0% cap · market cap 13.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,026
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private laundry setup, separate utility meters, and three dedicated parking spaces.
Where is this duplex located?
The property is located at 2805 NW 11th Street Miami, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two matching 3‑bedroom, 2‑bathroom residences; 2,800‑square‑foot building constructed in 1968; Permitted roof replacement completed in 2025
