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5428 Northwest 13th Avenue, Miami, FL, 33142
Two-Building Duplex Opportunity

5428 Northwest 13th Avenue Miami, FL 33142

For Sale
$599,900

Duplex offered as-is on a large lot with two separate buildings and hurricane shutters on both units.

Property Size2,380 SF
Price / SF$252.06
Days on Market219

Property Features for 5428 Northwest 13th Avenue

General Information

Standard status
Active
Size
2,380 SF
Property subtype
Multi-Family Income / Duplex

Building Details

Year Built
1939
Listing Agency: Trend Age International Realty
Listed By: Olukunle Oyeneye · License #3147684
Source: Compass
Added: Dec 17, 2025 Changed: Jul 20 Last Checked: Jul 23 at 11:26AM

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 Trend Age International Realty


Investment Insights

Based on property information with market context.

This two-building duplex property is being sold “As Is” and includes two separate buildings on a large lot. Hurricane shutters are installed on the windows for both units, providing added protection for the residences.

The property is located in Miami, Florida, in close proximity to the Wynwood area. The large-lot configuration supports two distinct buildings within the same property footprint.

For buyers or investors seeking a duplex with an as-is sale and hurricane protection features already in place, this asset offers a straightforward two-building setup.

Key Highlights

  • 1939‑built duplex sold as‑is
  • Two separate buildings on a large 13,000+ sq ft lot
  • Hurricane shutters on windows for both units/buildings

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 $72.8k $30.60
− Vacancy −$4.6k −$1.95
EGI $68.2k $28.65
− OpEx −$20.5k −$8.60
NOI $47.7k $20.06
2,380 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$681.9K
$596.7K – $795.5K (±1% cap)
NOI $47,732 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$628.1K
$549.6K – $732.8K (±1% cap)
NOI $43,967 @ 7.0% cap · market cap 7.33%
Theoretical Best
Specialty Retail
$1.61M
$1.41M – $1.87M (±1% cap)
NOI $112,456 @ 7.0% cap · market cap 18.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Veterinary Clinic Electrical Service (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex offered as-is on a large lot with two separate buildings and hurricane shutters on both units.
Where is this duplex located?
The property is located at 5428 Northwest 13th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 1939‑built duplex sold as‑is; Two separate buildings on a large 13,000+ sq ft lot; Hurricane shutters on windows for both units/buildings
More about this property
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