Duplex
For Sale
$910,000
540 Beacom Boulevard, Miami, FL 33135
This two-unit residential property was constructed in 1955.
Property Size2,127 SF
Days on Market54
Property Features for 540 Beacom Boulevard
General Information
Standard status
Active
Size
2,127 SF
Property subtype
Duplex
Site & Location
Neighborhood
Citrus Grove
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,249
Building Details
Building Size
2,127 SF
Year Built
1955
Listing Agency:
My Realty Group, LLC.
Listed By:
Hugo Lopez Diaz · License #3309360
(786) 999-3558
Source:
Silverleafrealtygroup
Added: Sep 8
Changed: Oct 31
Last Checked: Oct 30 at 10:19PM
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 My Realty Group, LLC.
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Investment Insights
Based on property information with market context.
Located at 540 Beacom Boulevard in Miami, this duplex provides a two-unit residential configuration. The property was built in 1955 and is positioned near Wynwood, Little Havana, Midtown Miami, Downtown Miami, the Design District, Edgewater, Miami International Airport, and Marlins Stadium.
Key Highlights
- Duplex with two residential units
- Built in 1955
- Located at 540 Beacom Boulevard, Miami, FL 33135
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,658
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$853,160
$853.2K
Cap Rate 7%
$609,400
$609.4K
Cap Rate 9%
$473,978
$474.0K
Market Conditions
NOI Build-Up for 2,127 SF
Gross rent
$65.1K $30.60/SF
− Vacancy
−$4.1K −$1.95/SF
EGI
$60.9K $28.65/SF
− OpEx
−$18.3K −$8.60/SF
NOI
$42.7K $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%
$853,160
Cap Rate 7%
$609,400
Cap Rate 9%
$473,978
Alternative Uses
Best Use
Multifamily LT 5
$609.4K
$533.2K – $711.0K
NOI $42,658 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$561.3K
$491.2K – $654.9K
NOI $39,293 @ 7.0% cap · market cap 4.32%
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,502 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,901
Businesses Nearby
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Business Placement
Demographics for 33135, FL
36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - This two-unit residential property was constructed in 1955.
Where is this duplex located?
The property is located at 540 Beacom Boulevard Miami, FL.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: Duplex with two residential units; Built in 1955; Located at 540 Beacom Boulevard, Miami, FL 33135
