Two-Story
For Sale
$1,250,000
394 NE 174th Street, North Miami Beach, FL 33162
Recently built duplex with two residential units, each offering a practical two-bedroom layout and one-and-a-half bathrooms.
Property Size2,300 SF
Price / SF$543.48
Days on Market98
Property Features for 394 NE 174th Street
General Information
Standard status
Active
Size
2,300 SF
Property subtype
Duplex
Site & Location
Neighborhood
Cakegrove
Highway Access
Yes
Building Details
Year Built
2026
Stories
2
Tenancy
Multi
Listing Agency:
Capital Brokers, LLC.
(305) 933-1242
Listed By:
Daniel Munoz · License #3156091
(305) 409-6334
Source:
Lehmannflorida
Added: Jul 31
Changed: Nov 5
Last Checked: Nov 4 at 3:14PM
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 Capital Brokers, LLC.
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Investment Insights
Based on property information with market context.
This two-story duplex, built in 2026, contains two residential units. Each unit measures 1,116 square feet and includes two bedrooms and 1.5 bathrooms, providing a consistent layout across the property. The asset is identified under zoning code 5700 and is located at 394 NE 174th Street in North Miami Beach, Florida.
The property sits near major highways, retail centers, restaurants, parks, entertainment venues, and beaches. Its central South Florida setting provides access to a broad range of everyday services and recreation destinations while retaining a two-unit residential configuration suitable for ownership or rental use.
The property sits near major highways, retail centers, restaurants, parks, entertainment venues, and beaches. Its central South Florida setting provides access to a broad range of everyday services and recreation destinations while retaining a two-unit residential configuration suitable for ownership or rental use.
Key Highlights
- Two‑story duplex with two residential units
- Each unit offers 1,116 square feet with 2 bedrooms and 1.5 bathrooms
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,341
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,820
$766.8K
Cap Rate 7%
$547,729
$547.7K
Cap Rate 9%
$426,011
$426.0K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$58.0K $25.20/SF
− Vacancy
−$3.2K −$1.39/SF
EGI
$54.8K $23.81/SF
− OpEx
−$16.4K −$7.14/SF
NOI
$38.3K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,820
Cap Rate 7%
$547,729
Cap Rate 9%
$426,011
Alternative Uses
Best Use
Multifamily LT 5
$547.7K
$479.3K – $639.0K
NOI $38,341 @ 7.0% cap · market cap 3.07%
Second Best
Apartment 5plus
$505.3K
$442.2K – $589.5K
NOI $35,372 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,682 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,074
Businesses Nearby
Explore this area
Business Placement
Demographics for 33162, FL
45,277
Population
16,719
Households
2.7
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$55,993
Median Household Income
$31,848
Median Earnings
$1,535
Median Rent
$345,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Recently built duplex with two residential units, each offering a practical two-bedroom layout and one-and-a-half bathrooms.
Where is this duplex located?
The property is located at 394 NE 174th Street North Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑story duplex with two residential units; Each unit offers 1,116 square feet with 2 bedrooms and 1.5 bathrooms; Built in 2026
