Duplex With Fenced
For Sale
$550,000
Pending
5312 NW 24th Ct, Miami, FL 33142
Residential Income, Miami, FL
Property Size1,000 SF
Days on Market88
Property Features for 5312 NW 24th Ct
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Subdivision
GLENWOOD HEIGHTS ADDN
Lot features
< 1/4 Acre
Standard status
Pending
APN
30-31-22-018-0280
Size
1,000 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
GLENWOOD HGTS ADD PB 27-30 LOT 27 BLK 2 LOT SIZE 40.000 X 108 OR 13007-2314 0986 4
Legal Description
GLENWOOD HGTS ADD PB 27-30 LOT 27 BLK 2 LOT SIZE 40.000 X 108 OR 13007-2314 0986 4
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
fenced backyard
Building Details
Year built
1951
Floors in Building
1
Flooring type
Laminate
Building materials
Block
Roof type
Shingle
Listing Agency:
Keller Williams Elite Properties · Keller Williams Realty
(305) 931-2224
Listed By:
Rafael Goicouria · License #3102634
(786) 248-3268
Added: Jul 18
Changed: Oct 10
Last Checked: Oct 13 at 5:06AM
MLS# A12052470
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 1,000-square-foot duplex, built in 1951, offers two distinct residential layouts: one unit with 2 bedrooms and 1 bathroom, and another with 1 bedroom and 1 bathroom. Both units include appliances and laminate flooring, supported by central heating and central air conditioning. Block construction, a shingle roof, and public sewer service complete the core improvements.
A private, fully fenced backyard provides additional outdoor space for the property. The duplex is located in Miami, with access to major highways, public transit, and local shops identified in the property information.
A private, fully fenced backyard provides additional outdoor space for the property. The duplex is located in Miami, with access to major highways, public transit, and local shops identified in the property information.
Key Highlights
- Two‑unit duplex with 2‑bedroom and 1‑bedroom layouts
- 1,000 square feet; built in 1951
- Both units include appliances and laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,056
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,120
$401.1K
Cap Rate 7%
$286,514
$286.5K
Cap Rate 9%
$222,844
$222.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$30.6K $30.60/SF
− Vacancy
−$1.9K −$1.95/SF
EGI
$28.7K $28.65/SF
− OpEx
−$8.6K −$8.60/SF
NOI
$20.1K $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%
$401,120
Cap Rate 7%
$286,514
Cap Rate 9%
$222,844
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 authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
920
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate one- and two-bedroom layouts, central systems, appliances, and durable laminate flooring.
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: Two‑unit duplex with 2‑bedroom and 1‑bedroom layouts; 1,000 square feet; built in 1951; Both units include appliances and laminate flooring
