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Frame Duplex
For Sale
$600,000

474 NW 26th Ave, Miami, FL 33125

Residential Income, Miami, FL

Property Size1,404 SF
Price / SF$427.35
Days on Market176

Property Features for 474 NW 26th Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 5700
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Parking 3
Subdivision HIGH POINT
Lot features < 1/4 Acre
Standard status Active
APN 01-41-03-032-0110
Size 1,404 SF

Taxes and HOA fees

Tax Year 2025
Tax Description HIGH POINT PB 4-151 LOT 17 LOT SIZE 50.000 X 140 OR 19542-3848 02 2001 4
Tax Annual Amount 7803
Legal Description HIGH POINT PB 4-151 LOT 17 LOT SIZE 50.000 X 140 OR 19542-3848 02 2001 4

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1948
Floors in Building 1
Building materials Frame, Stucco
Listing Agency: Beachfront Realty Inc
Listed By: Jeffrey Stone · License #0605746
Added: Apr 16 Changed: Sep 12 Last Checked: Oct 8 at 8:06AM
MLS# A11999633

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,404-square-foot duplex was built in 1948 with frame and stucco construction. The property includes four bedrooms and two bathrooms, along with wall/window and window-unit cooling. Public water and public sewer serve the property, and cable is available.

The duplex is located at 474 NW 26th Ave in Miami, within Miami-Dade County. Both units are occupied by tenants who have remained for many years. Property access is currently limited to a drive-by review; an interior showing may be arranged for a prospective buyer after contract execution, and tenants should not be disturbed.

Key Highlights

  • 1,404‑square‑foot duplex in Miami
  • Built in 1948 with frame and stucco construction
  • Four bedrooms and two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,158
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,160 $563.2K
Cap Rate 7%
$402,257 $402.3K
Cap Rate 9%
$312,867 $312.9K
Market Conditions
NOI Build-Up for 1,404 SF
Gross rent
$43.0K $30.60/SF
− Vacancy
−$2.7K −$1.95/SF
EGI
$40.2K $28.65/SF
− OpEx
−$12.1K −$8.60/SF
NOI
$28.2K $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%
$563,160
Cap Rate 7%
$402,257
Cap Rate 9%
$312,867

Alternative Uses

Best Use
Multifamily LT 5
$402.3K
$352.0K – $469.3K (±1% cap)
NOI $28,158 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$370.5K
$324.2K – $432.3K (±1% cap)
NOI $25,937 @ 7.0% cap · market cap 4.32%
Theoretical Best
Specialty Retail
$947.7K
$829.3K – $1.11M (±1% cap)
NOI $66,340 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Tanning Salon Carpet & Flooring Store

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

2,804
Businesses Nearby

Demographics for 33125, FL

53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
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 - Tenant-occupied duplex with public water and sewer services in Miami.
Where is this duplex located?
The property is located at 474 NW 26th Ave Miami, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1,404‑square‑foot duplex in Miami; Built in 1948 with frame and stucco construction; Four bedrooms and two bathrooms
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