Tenant-Occupied Duplex with
For Sale
Under Contract
$679,000
3675 NW 5th St, Miami, FL 33125
Residential Income, Miami, FL
Property Size1,970 SF
Price / SF$344.67
Days on Market89
Property Features for 3675 NW 5th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3
Parking
4
Subdivision
TWELFTH ST MANORS
Lot features
1/4 to 1/2 Acre Lot
Standard status
Active Under Contract
APN
01-41-04-023-0090
Size
1,970 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
4 54 41 TWELFTH STREET MANORS PB 5-59 LOTS 9 & 12 BLK 2 LOT SIZE 50.000 X 105
Tax Annual Amount
8973
Legal Description
4 54 41 TWELFTH STREET MANORS PB 5-59 LOTS 9 & 12 BLK 2 LOT SIZE 50.000 X 105
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1960
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Tile
Listing Agency:
Keller Williams Capital Realty · Keller Williams Realty
(305) 662-7325
Listed By:
Wendy Read · License #3164003
(305) 773-5935
Added: Jul 9
Changed: Sep 12
Last Checked: Oct 5 at 1:06PM
MLS# A11993074
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 1,970-square-foot duplex at 3675 NW 5th St includes an additional efficiency and is currently occupied by long-term tenants. The building was constructed in 1960 with block construction, tile flooring, a tile roof, and wall or window unit cooling. Two separate FPL meters serve the property.
Public water and public sewer support the building, with cable available. The property is positioned near transportation, shopping, and major roadways in Miami’s 33125 ZIP Code.
Public water and public sewer support the building, with cable available. The property is positioned near transportation, shopping, and major roadways in Miami’s 33125 ZIP Code.
Key Highlights
- 1,970‑square‑foot duplex with an additional efficiency
- Currently tenant‑occupied with long‑term tenants in place
- 2 separate FPL meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,509
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,180
$790.2K
Cap Rate 7%
$564,414
$564.4K
Cap Rate 9%
$438,989
$439.0K
Market Conditions
NOI Build-Up for 1,970 SF
Gross rent
$60.3K $30.60/SF
− Vacancy
−$3.8K −$1.95/SF
EGI
$56.4K $28.65/SF
− OpEx
−$16.9K −$8.60/SF
NOI
$39.5K $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%
$790,180
Cap Rate 7%
$564,414
Cap Rate 9%
$438,989
Alternative Uses
Best Use
Multifamily LT 5
$564.4K
$493.9K – $658.5K
NOI $39,509 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$519.9K
$454.9K – $606.6K
NOI $36,393 @ 7.0% cap · market cap 5.36%
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M
NOI $93,083 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,380
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with an additional efficiency and separate utility metering.
Where is this duplex located?
The property is located at 3675 NW 5th 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: 1,970‑square‑foot duplex with an additional efficiency; Currently tenant‑occupied with long‑term tenants in place; 2 separate FPL meters
