Duplex Income
5312 NW 24th Ct Miami, FL 33142
5312 NW 24th Ct, Miami, FL, 33142
$550,000
For Sale
$550,000
For sale duplex income property with residential configuration and approximately 1,000 sq. ft.
Property Size1,000 SF
Price / SF$550
Days on Market10
Property Features for 5312 NW 24th Ct
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1951
Listing agency
Keller Williams Elite Properties
(786) 248-3268
Listed by
Rafael Goicouria · License #3085829
(786) 248-3268
Source
Riserealty
Added: Jul 13 Updated: Jul 21 at 12:50AM Checked: Jul 21 at 3:26AM
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 Elite Properties
Investment Insights
Based on property information with market context.
This for-sale duplex income property is listed as a residential income asset and includes approximately 1,000 sq. ft. The property is offered under the duplexes/multifamily and residential income property categories, making it suitable for buyers focused on residential rental income.
The asset is located at 5312 NW 24th Ct in Miami, Florida (33142).
The asset is located at 5312 NW 24th Ct in Miami, Florida (33142).
Key Highlights
- Duplex income property with residential configuration
- Approximately 1,000 sq. ft.
- Built in 1951
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.6k | $30.60 |
| − Vacancy | −$1.9k | −$1.95 |
| EGI | $28.7k | $28.65 |
| − OpEx | −$8.6k | −$8.60 |
| NOI | $20.1k | $20.06 |
1,000 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$286.5K
$250.7K – $334.3K
NOI $20,056 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$263.9K
$230.9K – $307.9K
NOI $18,473 @ 7.0% cap · market cap 3.36%
Theoretical Best
Specialty Retail
$675.0K
$590.6K – $787.5K
NOI $47,250 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - For sale duplex income property with residential configuration and approximately 1,000 sq. ft.
Where is this duplex located?
The property is located at 5312 NW 24th Ct Miami, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Duplex income property with residential configuration; Approximately 1,000 sq. ft.; Built in 1951
