Duplex with Hurricane
For Sale
$799,000
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 Market493
Property Features for 430 NE 75th Street
General Information
Standard status
Active
Size
2,273 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,012
Building Details
Year Built
1966
Listing Agency:
Chantilly Realty Inc
(954) 967-9715
Listed By:
Yves Jean Guerrier · License #0526953
(954) 557-3446
Source:
Exitrealty
Added: Jun 2, 2025
Changed: Oct 3
Last Checked: Oct 2 at 6:17PM
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 / Yr
$45,586
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
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
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 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
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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
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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 - 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
