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Duplex with Private Yard
For Sale
$775,000
Pending

470 NW 52nd Ave, Miami, FL 33126

Two residences with terrazzo flooring, washer and dryer hookups, and four parking spaces.

Property Size2,299 SF
Days on Market61

Property Features for 470 NW 52nd Ave

General Information

Standard status Pending
Size 2,299 SF
Total Parking Spaces 4
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,519

Amenities

central A/C
washer/dryer hookups
private yard

Building Details

Building Size 2,299 SF
Year Built 1966
Listing Agency: Keller Williams Miami Beach
Listed By: Kathrin Rein · License #3249771
Source: Allyandaj
Added: Aug 7 Changed: Sep 28 Last Checked: Oct 5 at 8:53PM

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 Keller Williams Miami Beach

Investment Insights

Based on property information with market context.

This 1966 duplex contains two residences within 2,299 square feet. The property includes terrazzo flooring, a private yard, washer and dryer hookups, and four parking spaces. Central air conditioning is installed in the front residence.

The property is located at 470 NW 52nd Ave in Miami, near Flagler Street, Miami International Airport, major highways, shopping, and dining. The two-residence configuration supports both investor ownership and an owner-occupant arrangement, as described in the property information.

Key Highlights

  • Two‑residence duplex configuration
  • 2,299 square feet; built in 1966
  • Terrazzo flooring in both residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,108
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,160 $922.2K
Cap Rate 7%
$658,686 $658.7K
Cap Rate 9%
$512,311 $512.3K
Market Conditions
NOI Build-Up for 2,299 SF
Gross rent
$70.3K $30.60/SF
− Vacancy
−$4.5K −$1.95/SF
EGI
$65.9K $28.65/SF
− OpEx
−$19.8K −$8.60/SF
NOI
$46.1K $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%
$922,160
Cap Rate 7%
$658,686
Cap Rate 9%
$512,311

Alternative Uses

Best Use
Multifamily LT 5
$658.7K
$576.4K – $768.5K (±1% cap)
NOI $46,108 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$606.7K
$530.9K – $707.8K (±1% cap)
NOI $42,470 @ 7.0% cap · market cap 5.48%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M (±1% cap)
NOI $108,629 @ 7.0% cap · market cap 14.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Pet Grooming Service Acupuncture Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,312
Businesses Nearby

Demographics for 33126, FL

48,751
Population
19,725
Households
2.5
Avg Household Size
44
Median Age
28%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
9,028
Density / Sq Mi
$55,722
Median Household Income
$32,607
Median Earnings
$1,651
Median Rent
$299,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences with terrazzo flooring, washer and dryer hookups, and four parking spaces.
Where is this duplex located?
The property is located at 470 NW 52nd Ave Miami, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑residence duplex configuration; 2,299 square feet; built in 1966; Terrazzo flooring in both residences
More about this property
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