Block Duplex With Rear
For Sale
$799,000
4850 NW 6th St, Miami, FL 33126
Residential Income, Miami, FL
Property Size2,872 SF
Price / SF$278.20
Days on Market52
Property Features for 4850 NW 6th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
5
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 5
Parking
6
Exterior features
Fruit Trees
Subdivision
JAY BOB SUB PART NO 2
Lot features
< 1/4 Acre
Standard status
Active
APN
01-41-06-071-0010
Size
2,872 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
JAY BOB SUB PART NO 2 PB 62-69 LOT 31 LOT SIZE 73.560 X 100 OR 13508-1526 1287 4
Tax Annual Amount
6923
Legal Description
JAY BOB SUB PART NO 2 PB 62-69 LOT 31 LOT SIZE 73.560 X 100 OR 13508-1526 1287 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating), Wall Furnace
Cooling system
Electric, Window Unit(s), Central Air, Wall/Window Unit(s), Ceiling Fan(s)
Amenities
CBS storage
Building Details
Year built
1962
Floors in Building
1
Flooring type
Tile, Laminate
Building materials
Block
Roof type
Tile
Listing Agency:
Avanti Way Realty LLC
(305) 229-1146
Listed By:
Juan Hernandez PA · License #3323924
(305) 918-2682
Added: Sep 1
Changed: Oct 22
Last Checked: Oct 22 at 3:06PM
MLS# A12081512
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.
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Investment Insights
Based on property information with market context.
This 2,872-square-foot duplex was built in 1962 with block construction, a tile roof, and additional CBS storage at the rear. Interior finishes include laminate and tile flooring, while cooling features include central air, wall and window units, and ceiling fans. Heating is provided by electric systems, including central and wall-furnace options.
The property is located on NW 6th Street in Miami, near NW 7th Street and Miami International Airport. Major roadways, shopping, dining, and the NU soccer stadium are also identified in the surrounding area. Public sewer service is available, along with cable service, and fruit trees are present on the site.
The property is located on NW 6th Street in Miami, near NW 7th Street and Miami International Airport. Major roadways, shopping, dining, and the NU soccer stadium are also identified in the surrounding area. Public sewer service is available, along with cable service, and fruit trees are present on the site.
Key Highlights
- 2,872‑square‑foot duplex on NW 6th Street in Miami
- Built in 1962 with block construction and a tile roof
- Additional CBS storage located at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,600
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,152,000
$1.2M
Cap Rate 7%
$822,857
$822.9K
Cap Rate 9%
$640,000
$640.0K
Market Conditions
NOI Build-Up for 2,872 SF
Gross rent
$87.9K $30.60/SF
− Vacancy
−$5.6K −$1.95/SF
EGI
$82.3K $28.65/SF
− OpEx
−$24.7K −$8.60/SF
NOI
$57.6K $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%
$1,152,000
Cap Rate 7%
$822,857
Cap Rate 9%
$640,000
Alternative Uses
Best Use
Multifamily LT 5
$822.9K
$720.0K – $960.0K
NOI $57,600 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$757.9K
$663.2K – $884.3K
NOI $53,056 @ 7.0% cap · market cap 6.64%
Theoretical Best
Specialty Retail
$1.94M
$1.70M – $2.26M
NOI $135,703 @ 7.0% cap · market cap 16.98%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,078
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Residential units include rear storage, public sewer service, and central air conditioning.
Where is this duplex located?
The property is located at 4850 NW 6th St 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: 2,872‑square‑foot duplex on NW 6th Street in Miami; Built in 1962 with block construction and a tile roof; Additional CBS storage located at the rear
