Duplex with Renovated
New
For Sale
$630,000
3000 NW 91st Street, Miami, FL 33147
Two separate residences provide a two-bedroom, one-bathroom layout in each unit.
Property Size1,572 SF
Price / SF$416.67
Days on Market2
Property Features for 3000 NW 91st Street
General Information
Standard status
Active
Size
1,572 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
5100
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,167
Building Details
Building Size
1,572 SF
Year Built
1972
Stories
1
Listing Agency:
Compass Florida, LLC
Listed By:
Lina Daza · License #3295604
(754) 802-1160
Source:
Laerrealty
Added: Oct 30
Last Checked: Oct 30 at 10:53AM
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 Compass Florida, LLC
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Investment Insights
Based on property information with market context.
This Miami duplex contains two separate units, each arranged with two bedrooms and one bathroom. The building totals 1,512 square feet and dates to 1972. One residence has undergone renovation, including new flooring, a replacement kitchen, new appliances, and updated bathrooms.
A yard accompanies the property and offers potential space for parking multiple vehicles, a boat, or jet skis.
A yard accompanies the property and offers potential space for parking multiple vehicles, a boat, or jet skis.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,512‑square‑foot building constructed in 1972
- One unit updated with new flooring, a kitchen, appliances, and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,324
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,480
$606.5K
Cap Rate 7%
$433,200
$433.2K
Cap Rate 9%
$336,933
$336.9K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$46.3K $30.60/SF
− Vacancy
−$2.9K −$1.95/SF
EGI
$43.3K $28.65/SF
− OpEx
−$13.0K −$8.60/SF
NOI
$30.3K $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%
$606,480
Cap Rate 7%
$433,200
Cap Rate 9%
$336,933
Alternative Uses
Best Use
Multifamily LT 5
$433.2K
$379.1K – $505.4K
NOI $30,324 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$399.0K
$349.2K – $465.5K
NOI $27,932 @ 7.0% cap · market cap 4.43%
Theoretical Best
Specialty Retail
$1.02M
$893.0K – $1.19M
NOI $71,443 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
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Business Placement
Demographics for 33147, FL
48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
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 - Two separate residences provide a two-bedroom, one-bathroom layout in each unit.
Where is this duplex located?
The property is located at 3000 NW 91st Street Miami, FL.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,512‑square‑foot building constructed in 1972; One unit updated with new flooring, a kitchen, appliances, and bathrooms
