Triplex with Detached
For Sale
Contact for pricing
30 NW 50th St, Miami, FL 33127
Two structures include a four-bedroom duplex and a separate one-bedroom residence.
Property Size2,228 SF
Price / SF$392.73
Days on Market10
Property Features for 30 NW 50th St
General Information
Standard status
Active
Size
2,228 SF
Total Parking Spaces
7
Property subtype
Multifamily
Zoning
0104
Additional Details
Highway Access
Yes
Multifamily Units
3
Building Details
Year Built
1926
Units
3
Listing Agency:
Related ISG Realty, LLC.
Listed By:
Jaime Calderon · License #3508312
(305) 240-8089
Source:
Crexi
Added: Aug 25
Changed: Sep 1
Last Checked: Sep 2 at 6:03PM
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 Related ISG Realty, LLC.
Investment Insights
Based on property information with market context.
This 2,228-square-foot triplex includes a duplex with a 4-bedroom, 2-bathroom layout and a fully detached 1-bedroom, 1-bathroom residence. One duplex unit has newer central A/C, while the independent residence has a 2024 roof. The property was built in 1926 and is identified with zoning code 0104.
Located at 30 NW 50th St in Miami, the property is 4 minutes from the Miami Design District, 6 minutes from Wynwood, 14 minutes from Miami International Airport, and 14 minutes from the Port of Miami. Access to major highways, restaurants, shopping, entertainment, and surrounding Miami neighborhoods adds to the convenience of the setting.
Located at 30 NW 50th St in Miami, the property is 4 minutes from the Miami Design District, 6 minutes from Wynwood, 14 minutes from Miami International Airport, and 14 minutes from the Port of Miami. Access to major highways, restaurants, shopping, entertainment, and surrounding Miami neighborhoods adds to the convenience of the setting.
Key Highlights
- Triplex configuration with a 4‑bedroom, 2‑bathroom duplex and detached 1‑bedroom, 1‑bathroom unit
- 2,228 square feet across the property
- Detached 1‑bedroom unit has a 2024 roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,684
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$893,680
$893.7K
Cap Rate 7%
$638,343
$638.3K
Cap Rate 9%
$496,489
$496.5K
Market Conditions
NOI Build-Up for 2,228 SF
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.
Gross rent
$68.2K $30.60/SF
− Vacancy
−$4.3K −$1.95/SF
EGI
$63.8K $28.65/SF
− OpEx
−$19.2K −$8.60/SF
NOI
$44.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$893,680
Cap Rate 7%
$638,343
Cap Rate 9%
$496,489
Alternative Uses
Best Use
Multifamily LT 5
$638.3K
$558.6K – $744.7K
NOI $44,684 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$588.0K
$514.5K – $686.0K
NOI $41,159 @ 7.0% cap · market cap 4.70%
Theoretical Best
Specialty Retail
$1.50M
$1.32M – $1.75M
NOI $105,274 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,977
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Two structures include a four-bedroom duplex and a separate one-bedroom residence.
Where is this triplex located?
The property is located at 30 NW 50th St Miami, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Triplex configuration with a 4‑bedroom, 2‑bathroom duplex and detached 1‑bedroom, 1‑bathroom unit; 2,228 square feet across the property; Detached 1‑bedroom unit has a 2024 roof
