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Legal Duplex with Upgraded Systems
For Sale
$679,000

3001 NW 106th St, Miami, FL 33147

Residential Income, Miami, FL

Property Size1,634 SF
Price / SF$415.54
Days on Market49

Property Features for 3001 NW 106th St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 5700
Parking 4
Subdivision ACME GULFAIR 2ND ADDN
Lot features < 1/4 Acre
Standard status Active
APN 30-21-33-002-0320
Size 1,634 SF

Taxes and HOA fees

Tax Year 2025
Tax Description 33 52 41 .25 AC ACME GULFAIR 2ND ADDN PB 44-68 LOT 19 BLK 2 LOT SIZE 75.000 X 142
Tax Annual Amount 8352
Legal Description 33 52 41 .25 AC ACME GULFAIR 2ND ADDN PB 44-68 LOT 19 BLK 2 LOT SIZE 75.000 X 142

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Electric
Water front 1

Building Details

Year built 1951
Floors in Building 1
Flooring type Tile
Building materials Block
Roof type Shingle
Listing Agency: AmeriFirst Realty
Listed By: Jose Cabrera · License #3056608
Added: Aug 20 Changed: Sep 2 Last Checked: Oct 7 at 10:06PM
MLS# A12073489

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This legal duplex contains two attached units, each with its own address, within a 1,634-square-foot residential income property. Built in 1951, the structure uses block construction with tile flooring, shingle roofing, electric cooling, and public sewer service.

Recent property improvements include a new roof, new A/C systems, and impact windows. Cable is available, and the duplex is located in Miami, Miami-Dade County, within ZIP Code 33147.

Key Highlights

  • Legal duplex with two attached units and separate individual addresses
  • 1,634 square feet of building area
  • New roof, A/C systems, and impact windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,771
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,420 $655.4K
Cap Rate 7%
$468,157 $468.2K
Cap Rate 9%
$364,122 $364.1K
Market Conditions
NOI Build-Up for 1,634 SF
Gross rent
$50.0K $30.60/SF
− Vacancy
−$3.2K −$1.95/SF
EGI
$46.8K $28.65/SF
− OpEx
−$14.0K −$8.60/SF
NOI
$32.8K $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%
$655,420
Cap Rate 7%
$468,157
Cap Rate 9%
$364,122

Alternative Uses

Best Use
Multifamily LT 5
$468.2K
$409.6K – $546.2K (±1% cap)
NOI $32,771 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$431.2K
$377.3K – $503.1K (±1% cap)
NOI $30,186 @ 7.0% cap · market cap 4.45%
Theoretical Best
Specialty Retail
$1.10M
$965.1K – $1.29M (±1% cap)
NOI $77,207 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Accounting Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

588
Businesses Nearby

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Attached two-unit property with separate addresses, tile flooring, public sewer, and electric cooling.
Where is this duplex located?
The property is located at 3001 NW 106th St Miami, FL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Legal duplex with two attached units and separate individual addresses; 1,634 square feet of building area; New roof, A/C systems, and impact windows
More about this property
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