Two-Unit Duplex with Private
For Sale
$499,900
545 NW 81st St, Miami, FL 33150
Residential Income, Miami, FL
Property Size1,692 SF
Price / SF$295.45
Days on Market97
Property Features for 545 NW 81st St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Parking
4
Subdivision
ROSE BOWER AMD PL
Lot features
< 1/4 Acre
Standard status
Active
APN
30-31-12-022-0050
Size
1,692 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
ROSE BOWER AMD PL PB 32-41 S71.92FT OFBLK 1 LESS THAT PT LYG IN R/W LOT SIZE 55.790 X 135 OR 20527-3247 0702 1 COC 24232-3028 02 2006 1
Tax Annual Amount
7347
Legal Description
ROSE BOWER AMD PL PB 32-41 S71.92FT OFBLK 1 LESS THAT PT LYG IN R/W LOT SIZE 55.790 X 135 OR 20527-3247 0702 1 COC 24232-3028 02 2006 1
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Wall Furnace
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1953
Floors in Building
1
Building materials
CBS (Concrete Block Structure), Block
Roof type
Built-Up, Flat
Listing Agency:
Green Lands Realty
Listed By:
Laura Sanchez · License #3200886
(305) 503-4121
Added: Jul 18
Changed: Oct 20
Last Checked: Oct 22 at 11:06PM
MLS# A12036179
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.
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Investment Insights
Based on property information with market context.
This 1,692-square-foot duplex contains two one-bedroom, one-bathroom units. Each residence has its own entrance, electrical meter, and carport. Built in 1953, the property has concrete block construction, wall furnaces, and wall or window air-conditioning units. Cable is available, and the property uses a septic tank.
The duplex is located in Miami, Florida, with access to major roadways, shopping, dining, and employment centers.
The duplex is located in Miami, Florida, with access to major roadways, shopping, dining, and employment centers.
Key Highlights
- Two 1‑bedroom, 1‑bathroom units
- 1,692 square feet of living area
- Separate entrance, electrical meter, and dedicated carport for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,934
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,680
$678.7K
Cap Rate 7%
$484,771
$484.8K
Cap Rate 9%
$377,044
$377.0K
Market Conditions
NOI Build-Up for 1,692 SF
Gross rent
$51.8K $30.60/SF
− Vacancy
−$3.3K −$1.95/SF
EGI
$48.5K $28.65/SF
− OpEx
−$14.5K −$8.60/SF
NOI
$33.9K $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%
$678,680
Cap Rate 7%
$484,771
Cap Rate 9%
$377,044
Alternative Uses
Best Use
Multifamily LT 5
$484.8K
$424.2K – $565.6K
NOI $33,934 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$446.5K
$390.7K – $521.0K
NOI $31,257 @ 7.0% cap · market cap 6.25%
Theoretical Best
Specialty Retail
$1.14M
$999.4K – $1.33M
NOI $79,948 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
910
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
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 - Separate electrical meters and dedicated carports serve each one-bedroom residence.
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: Two 1‑bedroom, 1‑bathroom units; 1,692 square feet of living area; Separate entrance, electrical meter, and dedicated carport for each unit
