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.
- Added:
- Aug 3, 2025
- Days on Market:
- 325
- Last Refresh:
- Jun 20 at 5:08 am
Property Features for 430 NE 75th Street
General Information
- Standard status
- Active
- Size
- 2,273 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1966
Listing agent Yves Guerrier License #0526953
Listing office Chantilly Realty Inc
Listing date Aug 3, 2025
Source Crexi
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
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
- Backyard features mature fruit trees
- Near Baywood Park, Legion Park, and Morningside Park (3–5 minutes away)
Overview
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.
Local 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 | $69.6k | $30.60 |
| − Vacancy | −$4.4k | −$1.95 |
| EGI | $65.1k | $28.65 |
| − OpEx | −$19.5k | −$8.60 |
| NOI | $45.6k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.18754
- Latitude
- 25.843725
