Income-Generating Duplex with
545 NW 81st St Miami, FL 33150
For Sale
Contact for pricing
Duplex features two 1-bedroom, 1-bath units with separate entrances, electrical meters, and dedicated carports.
Property Size2,364 SF
Price / SF$211.46
Days on Market42
Property Features for 545 NW 81st St
General Information
- Standard status
- Active
- Size
- 2,364 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1953
Listing Agency:
Green Lands Realty
(305) 450-5005
Listed By:
Laura Sanchez · License #3200886
Source:
Crexi
Added: Jun 13
Changed: Jul 21
Last Checked: Jul 23 at 1:54PM
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 Green Lands Realty
Investment Insights
Based on property information with market context.
This income-producing duplex offers two separate units, each configured as a 1-bedroom, 1-bath home. The units have their own private entrances and separate electrical meters, and each includes a dedicated carport.
Located in the Rose Bower subdivision in Miami, the property is described as centrally positioned with easy access to major roadways, as well as nearby shopping, dining, and employment centers.
The duplex format supports independent utility metering and separate entry points for each unit, providing a straightforward setup for rental use.
Located in the Rose Bower subdivision in Miami, the property is described as centrally positioned with easy access to major roadways, as well as nearby shopping, dining, and employment centers.
The duplex format supports independent utility metering and separate entry points for each unit, providing a straightforward setup for rental use.
Key Highlights
- Income‑producing duplex built in 1953 in the Rose Bower subdivision of Miami
- Two 1‑bedroom, 1‑bath units
- Each unit has its own private entrance
Financial Insights For Apartment 5plus
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 | $85.1k | $36.00 |
| − Vacancy | −$5.7k | −$2.41 |
| EGI | $79.4k | $33.59 |
| − OpEx | −$35.7k | −$15.11 |
| NOI | $43.7k | $18.47 |
2,364 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$677.3K
$592.6K – $790.2K
NOI $47,411 @ 7.0% cap · market cap 9.48%
Second Best
Apartment 5plus
$623.9K
$545.9K – $727.9K
NOI $43,671 @ 7.0% cap · market cap 8.74%
Theoretical Best
Specialty Retail
$1.60M
$1.40M – $1.86M
NOI $111,700 @ 7.0% cap · market cap 22.34%
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 features two 1-bedroom, 1-bath units with separate entrances, electrical meters, and dedicated carports.
Where is this duplex located?
The property is located at 545 NW 81st St Miami, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Income‑producing duplex built in 1953 in the Rose Bower subdivision of Miami; Two 1‑bedroom, 1‑bath units; Each unit has its own private entrance
