Two-Unit
New
For Sale
$575,000
50 NW 69th Street, Miami, FL 33150
Both residences offer two bedrooms and one bathroom, with a shared configuration suited to separate occupancy.
Property Size1,512 SF
Days on Market7
Property Features for 50 NW 69th Street
General Information
Standard status
Active
Size
1,512 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,264
Building Details
Building Size
1,512 SF
Year Built
1955
Listing Agency:
London Foster Realty
Listed By:
Carlie Joseph · License #0622139
(786) 380-0060
Source:
Silverleafrealtygroup
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 21 at 5:24AM
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 London Foster Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two residences, each configured with 2 bedrooms and 1 bathroom. The property totals 1,512 square feet and was built in 1955. The seller is offering the building as-is, with a right to inspect.
The property is in Little Haiti, near the Design District, Wynwood, Miami Beach, Downtown, and major highways.
The property is in Little Haiti, near the Design District, Wynwood, Miami Beach, Downtown, and major highways.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,512 square feet
- Built in 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,324
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,480
$606.5K
Cap Rate 7%
$433,200
$433.2K
Cap Rate 9%
$336,933
$336.9K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$46.3K $30.60/SF
− Vacancy
−$2.9K −$1.95/SF
EGI
$43.3K $28.65/SF
− OpEx
−$13.0K −$8.60/SF
NOI
$30.3K $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%
$606,480
Cap Rate 7%
$433,200
Cap Rate 9%
$336,933
Alternative Uses
Best Use
Multifamily LT 5
$433.2K
$379.1K – $505.4K
NOI $30,324 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$399.0K
$349.2K – $465.5K
NOI $27,932 @ 7.0% cap · market cap 4.86%
Theoretical Best
Specialty Retail
$1.02M
$893.0K – $1.19M
NOI $71,443 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,183
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms and one bathroom, with a shared configuration suited to separate occupancy.
Where is this duplex located?
The property is located at 50 NW 69th Street Miami, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,512 square feet; Built in 1955
