Duplex with Hurricane
For Sale
Contact for pricing
430 NE 75th Street, Miami, FL 33138
Two-unit duplex with a den-style flex space and accordion hurricane shutters, positioned for residential income use.
Property Size2,273 SF
Price / SF$351.52
Days on Market370
Property Features for 430 NE 75th Street
General Information
Standard status
Active
Size
2,273 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
2
Building Details
Year Built
1966
Listing Agency:
Chantilly Realty Inc
Listed By:
Yves Guerrier · License #0526953
Source:
Crexi
Added: Aug 3, 2025
Changed: Jul 10
Last Checked: Aug 7 at 4:14AM
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 Chantilly Realty Inc
Investment Insights
Based on property information with market context.
This duplex includes two spacious units, with the larger unit featuring a versatile den overlooking the backyard. Both units are equipped with accordion hurricane shutters. Outside, the property has a backyard with mature fruit trees that provide shade and seasonal character.
The property is located at 430 NE 75th Street in Miami, FL 33138. Public remarks note it sits in a vibrant neighborhood close to cafes, contemporary art galleries, restaurants, and a Tesla charging station. Outdoor recreation is described as nearby, with Baywood Park, Legion Park, and Morningside Park reportedly about 3 to 5 minutes away, offering views of the Intracoastal Waterway. Downtown Miami is also described as only minutes away.
For investors or owner-occupants seeking a duplex setup, the two separate units support straightforward residential income use, and the den offers additional flexibility within the larger unit. The hurricane shutter protection is a practical feature for tenants, while the backyard and fruit trees add usable outdoor space that can complement either long- or short-term occupancy based on the buyer’s operating plan.
The property is located at 430 NE 75th Street in Miami, FL 33138. Public remarks note it sits in a vibrant neighborhood close to cafes, contemporary art galleries, restaurants, and a Tesla charging station. Outdoor recreation is described as nearby, with Baywood Park, Legion Park, and Morningside Park reportedly about 3 to 5 minutes away, offering views of the Intracoastal Waterway. Downtown Miami is also described as only minutes away.
For investors or owner-occupants seeking a duplex setup, the two separate units support straightforward residential income use, and the den offers additional flexibility within the larger unit. The hurricane shutter protection is a practical feature for tenants, while the backyard and fruit trees add usable outdoor space that can complement either long- or short-term occupancy based on the buyer’s operating plan.
Key Highlights
- Two‑unit duplex built in 1966, offering residential income potential
- Larger unit includes a den‑style flex space overlooking the backyard
- Both units have accordion hurricane shutters
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
$45,586
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
5.71%
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%
$911,720
$911.7K
Cap Rate 7%
$651,229
$651.2K
Cap Rate 9%
$506,511
$506.5K
Market Conditions
NOI Build-Up for 2,273 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
$69.6K $30.60/SF
− Vacancy
−$4.4K −$1.95/SF
EGI
$65.1K $28.65/SF
− OpEx
−$19.5K −$8.60/SF
NOI
$45.6K $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%
$911,720
Cap Rate 7%
$651,229
Cap Rate 9%
$506,511
Alternative Uses
Best Use
Multifamily LT 5
$651.2K
$569.8K – $759.8K
NOI $45,586 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$599.9K
$524.9K – $699.8K
NOI $41,990 @ 7.0% cap · market cap 5.26%
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.79M
NOI $107,400 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,932
Businesses Nearby
Explore this area
Business Placement
Demographics for 33138, FL
27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
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-unit duplex with a den-style flex space and accordion hurricane shutters, positioned for residential income use.
Where is this duplex located?
The property is located at 430 NE 75th Street Miami, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1966, offering residential income potential; Larger unit includes a den‑style flex space overlooking the backyard; Both units have accordion hurricane shutters
