Centrally Located Duplex
5421 Northwest 1st Court Miami, FL 33127
For Sale
$500,000
Pending
Duplex for sale near major highways, with access to Downtown and Miami Beach.
Property Size928 SF
Days on Market37
Property Features for 5421 Northwest 1st Court
General Information
- Standard status
- Pending
- Size
- 928 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1947
Listing Agency:
London Foster Realty
(305) 514-0100
Listed By:
Carlie Joseph · License #0622139
(305) 514-0100
Source:
Compass
Added: Jun 18
Changed: Jul 21
Last Checked: Jul 23 at 7:01AM
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
Investment Insights
Based on property information with market context.
This duplex investment property is offered for sale and located at 5421 Northwest 1st Court, Miami, FL 33127. The offering is positioned as a centrally located residential income opportunity within a Miami neighborhood.
The property is described as being near major highways, with convenient access to Windwood, Downtown, and Miami Beach. This area context supports tenant demand for residents who want straightforward connections to key destinations in the broader Miami market.
Please note that additional details regarding unit configuration, condition, and income performance are not provided in the available information.
The property is described as being near major highways, with convenient access to Windwood, Downtown, and Miami Beach. This area context supports tenant demand for residents who want straightforward connections to key destinations in the broader Miami market.
Please note that additional details regarding unit configuration, condition, and income performance are not provided in the available information.
Key Highlights
- Duplex for sale with Year Built 1947
- Located in a Miami neighborhood with access to major highways
- Convenient access to Downtown and Miami Beach
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 | $28.4k | $30.60 |
| − Vacancy | −$1.8k | −$1.95 |
| EGI | $26.6k | $28.65 |
| − OpEx | −$8.0k | −$8.60 |
| NOI | $18.6k | $20.06 |
928 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$265.9K
$232.7K – $310.2K
NOI $18,612 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$244.9K
$214.3K – $285.7K
NOI $17,143 @ 7.0% cap · market cap 3.43%
Theoretical Best
Specialty Retail
$626.4K
$548.1K – $730.8K
NOI $43,848 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex for sale near major highways, with access to Downtown and Miami Beach.
Where is this duplex located?
The property is located at 5421 Northwest 1st Court Miami, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Duplex for sale with Year Built 1947; Located in a Miami neighborhood with access to major highways; Convenient access to Downtown and Miami Beach
