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Triplex with Detached Unit
For Sale
Contact for pricing
Pending

30 NW 50th St, Miami, FL 33127

Two structures include a four-bedroom duplex and a separate one-bedroom residence.

Property Size2,228 SF
Days on Market58

Property Features for 30 NW 50th St

General Information

Standard status Pending
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
Source: Crexi
Added: Aug 25 Changed: Oct 4 Last Checked: Oct 20 at 7:32PM

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.

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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.

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 / Yr
$44,684
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $44,684 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$588.0K
$514.5K – $686.0K (±1% cap)
NOI $41,159 @ 7.0% cap · market cap 4.70%
Theoretical Best
Specialty Retail
$1.50M
$1.32M – $1.75M (±1% cap)
NOI $105,274 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,977
Businesses Nearby

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
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

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
(305) 240-8089 Call to check price and availability
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