Two-Unit Duplex Income
3410 Southwest 89th Court Miami, FL 33165
For Sale
$854,500
Duplex with two units, each featuring 2 bedrooms and 1 bathroom, offered for sale as an income property.
Property Size1,566 SF
Price / SF$545.66
Days on Market70
Property Features for 3410 Southwest 89th Court
General Information
- Standard status
- Active
- Size
- 1,566 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1967
Listing Agency:
Century 21 World Connection
(786) 900-0155
Listed By:
Sonia Barrera · License #3083506
(786) 900-0155
Source:
Compass
Added: May 16
Changed: Jul 22
Last Checked: Jul 23 at 8:43AM
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 Century 21 World Connection
Investment Insights
Based on property information with market context.
This duplex is configured with two separate units, identified as 3410 and 3412. Each unit offers 2 bedrooms and 1 bathroom, making the property well-suited for rental income.
The property is located at 3410 Southwest 89th Court in Miami, Florida 33165.
Offered for sale, it provides a two-unit residential income setup for investors or an owner-occupant seeking rental revenue from the additional unit.
The property is located at 3410 Southwest 89th Court in Miami, Florida 33165.
Offered for sale, it provides a two-unit residential income setup for investors or an owner-occupant seeking rental revenue from the additional unit.
Key Highlights
- Duplex built in 1967 with two units offered for sale as an income property
- Unit 3410 features 2 bedrooms and 1 bathroom
- Unit 3412 features 2 bedrooms and 1 bathroom
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.9k | $30.60 |
| − Vacancy | −$3.1k | −$1.95 |
| EGI | $44.9k | $28.65 |
| − OpEx | −$13.5k | −$8.60 |
| NOI | $31.4k | $20.06 |
1,566 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$448.7K
$392.6K – $523.5K
NOI $31,407 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$413.3K
$361.6K – $482.2K
NOI $28,929 @ 7.0% cap · market cap 3.39%
Theoretical Best
Specialty Retail
$1.06M
$924.9K – $1.23M
NOI $73,994 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two units, each featuring 2 bedrooms and 1 bathroom, offered for sale as an income property.
Where is this duplex located?
The property is located at 3410 Southwest 89th Court Miami, FL.
What is the asking price?
The asking price for this property is $854,500.
What are key features of this property?
This property features: Duplex built in 1967 with two units offered for sale as an income property; Unit 3410 features 2 bedrooms and 1 bathroom; Unit 3412 features 2 bedrooms and 1 bathroom
