New Duplex with Private
New
For Sale
$950,000
314 NW 82nd St, Miami, FL 33150
Two vacant homes offer modern finishes, separate utilities, and dedicated parking for each side.
Property Size2,366 SF
Price / SF$395.83
Days on Market7
Property Features for 314 NW 82nd St
General Information
Standard status
Active
Size
2,366 SF
Net Rentable
2,366 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BD/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,213
Building Details
Building Size
2,366 SF
Year Built
2026
Listing Agency:
Ark Real Estate Brokerage, LLC.
Listed By:
David Diaz · License #3474304
Source:
Marcelosteinmander
Added: Aug 27
Changed: Aug 30
Last Checked: Aug 31 at 9:32PM
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 Ark Real Estate Brokerage, LLC.
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two vacant three-bedroom, two-bath residences with 2,400 SF total and 2,366 SF of living area. Each side includes 10 ft ceilings, impact windows and doors, designer kitchens and bathrooms, in-unit washer and dryer, separate electric metering, and dedicated parking. The 75-foot-wide lot provides private backyard areas for both residences, with conceptual pool and deck layouts available; pools are not included.
The property is east of I-95 and borders El Portal, with Little River, MiMo, Buena Vista, the Design District, and Wynwood identified as nearby areas. It is currently served by septic, while a new neighborhood sewer main is under construction on the street. Dedicated sewer connection points are already available for each unit. Short-term rentals are allowed for both units in unincorporated Miami-Dade, subject to buyer verification. A certificate of occupancy is in hand.
The property is east of I-95 and borders El Portal, with Little River, MiMo, Buena Vista, the Design District, and Wynwood identified as nearby areas. It is currently served by septic, while a new neighborhood sewer main is under construction on the street. Dedicated sewer connection points are already available for each unit. Short-term rentals are allowed for both units in unincorporated Miami-Dade, subject to buyer verification. A certificate of occupancy is in hand.
Key Highlights
- Two 3BD/2BA residences with 2,400 SF total and 2,366 SF of living area
- 75‑foot‑wide lot with private backyard space for both units
- Built in 2026; completed, vacant, and CO in hand
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
$48,133
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
5.07%
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%
$962,660
$962.7K
Cap Rate 7%
$687,614
$687.6K
Cap Rate 9%
$534,811
$534.8K
Market Conditions
NOI Build-Up for 2,400 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
$73.4K $30.60/SF
− Vacancy
−$4.7K −$1.95/SF
EGI
$68.8K $28.65/SF
− OpEx
−$20.6K −$8.60/SF
NOI
$48.1K $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%
$962,660
Cap Rate 7%
$687,614
Cap Rate 9%
$534,811
Alternative Uses
Best Use
Multifamily LT 5
$687.6K
$601.7K – $802.2K
NOI $48,133 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$633.4K
$554.2K – $738.9K
NOI $44,336 @ 7.0% cap · market cap 4.67%
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,401 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,753
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
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?
Duplex - Two vacant homes offer modern finishes, separate utilities, and dedicated parking for each side.
Where is this duplex located?
The property is located at 314 NW 82nd St 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 3BD/2BA residences with 2,400 SF total and 2,366 SF of living area; 75‑foot‑wide lot with private backyard space for both units; Built in 2026; completed, vacant, and CO in hand
