Miami Duplex Investment
555 Northeast 70th Street Miami, FL 33138
555 Northeast 70th Street, Miami, FL, 33138
$940,000
For Sale
$940,000
Duplex with three units, ideal for Airbnb in Miami.
Property Size1,976 SF
Price / SF$475.71
Days on Market282
Property Features for 555 Northeast 70th Street
General Information
- Standard status
- Active
- Size
- 1,976 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1936
Listing Agency
Big International Realty, Inc.
(305) 931-9063
Listed by
Eli Nektalov · License #0684809
(305) 931-9063
Source
Compass
Added: Oct 8, 2025 Checked: Jul 16 at 4:20 am
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 Big International Realty, Inc.
Investment Insights
Based on property information with market context.
This duplex in Miami presents an investment opportunity, featuring three units. Two units are 2-bedroom, 1-bathroom apartments, each with a foyer, separate living and family areas, and a private kitchen. The third unit is a studio with a private bathroom and kitchen, which can be rented separately or converted into a third bedroom for the first-floor unit. New windows have been installed. The top-floor apartment includes a new kitchen and a washer/dryer. The property is fully fenced and includes a backyard with a tiki hut and a mango tree. Located on 70th Street, the property is near Biscayne Boulevard. The property size is 1976 square feet. This income-producing property offers possibilities for long or short-term rentals.
Key Highlights
- Great AirBNB investment opportunity in the heart of Miami.
- Income‑producing duplex with three units: two 2‑bedroom/1‑bathroom apartments and one studio.
- Prime location on 70th Street, close to Biscayne Boulevard.
Local 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 | $60.5k | $30.60 |
| − Vacancy | −$3.9k | −$1.95 |
| EGI | $56.6k | $28.65 |
| − OpEx | −$17.0k | −$8.60 |
| NOI | $39.6k | $20.06 |
1,976 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$566.1K
$495.4K – $660.5K
NOI $39,630 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$521.5K
$456.3K – $608.4K
NOI $36,503 @ 7.0% cap · market cap 3.88%
Theoretical Best
Specialty Retail
$1.33M
$1.17M – $1.56M
NOI $93,367 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Deep Natural
Spa & Massage Center
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with three units, ideal for Airbnb in Miami.
Where is this duplex located?
The property is located at 555 Northeast 70th Street Miami, FL.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: Great AirBNB investment opportunity in the heart of Miami.; Income‑producing duplex with three units: two 2‑bedroom/1‑bathroom apartments and one studio.; Prime location on 70th Street, close to Biscayne Boulevard.
