Turnkey Duplex with Separate
For Sale
$795,000
3330 Northwest 4th Street, Miami, FL 33125
Turnkey 2/1 and 2/1 duplex with separate laundry, five off-street parking spaces, and tenants in place.
Property Size1,878 SF
Price / SF$423.32
Days on Market264
Property Features for 3330 Northwest 4th Street
General Information
Standard status
Active
Size
1,878 SF
Total Parking Spaces
5
Property subtype
Multi-Family Income / Duplex
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,613
Building Details
Year Built
1953
Tenancy
Multi
Listing Agency:
Select International Realty, LLC.
(305) 448-1800
Listed By:
Julio Hernandez · License #0498322
(305) 448-1800
Source:
Compass
Added: Dec 2, 2025
Changed: Aug 23
Last Checked: Jul 23 at 7:45AM
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 Select International Realty, LLC.
Investment Insights
Based on property information with market context.
This turnkey duplex offers two separate 2/1 units with separate laundry. The property has been completely redone and is presented with tenants in place.
The duplex is described as ideally located close to MIA, Marlins Park, Coral Gables, and Downtown Brickell. The offering includes five off-street parking spaces.
The current configuration is a 2/1 and 2/1 duplex producing reported gross income of $5,200 per month with tenants already in residence. Please do not disturb tenants; contact the listing agent to schedule an appointment, and proof of funds is required prior to showing.
The duplex is described as ideally located close to MIA, Marlins Park, Coral Gables, and Downtown Brickell. The offering includes five off-street parking spaces.
The current configuration is a 2/1 and 2/1 duplex producing reported gross income of $5,200 per month with tenants already in residence. Please do not disturb tenants; contact the listing agent to schedule an appointment, and proof of funds is required prior to showing.
Key Highlights
- Turnkey duplex built in 1953 with tenants in place
- 2/1 and 2/1 unit mix with separate laundry
- Generates $5,200 per month of income (with tenants in place)
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
$37,664
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
4.74%
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%
$753,280
$753.3K
Cap Rate 7%
$538,057
$538.1K
Cap Rate 9%
$418,489
$418.5K
Market Conditions
NOI Build-Up for 1,878 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
$57.5K $30.60/SF
− Vacancy
−$3.7K −$1.95/SF
EGI
$53.8K $28.65/SF
− OpEx
−$16.1K −$8.60/SF
NOI
$37.7K $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%
$753,280
Cap Rate 7%
$538,057
Cap Rate 9%
$418,489
Alternative Uses
Best Use
Multifamily LT 5
$538.1K
$470.8K – $627.7K
NOI $37,664 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$495.6K
$433.7K – $578.2K
NOI $34,693 @ 7.0% cap · market cap 4.36%
Theoretical Best
Specialty Retail
$1.27M
$1.11M – $1.48M
NOI $88,736 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,412
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey 2/1 and 2/1 duplex with separate laundry, five off-street parking spaces, and tenants in place.
Where is this duplex located?
The property is located at 3330 Northwest 4th Street Miami, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Turnkey duplex built in 1953 with tenants in place; 2/1 and 2/1 unit mix with separate laundry; Generates $5,200 per month of income (with tenants in place)
