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Duplex with Remodeled Unit
For Sale
$999,000

569 SW 5th St, Miami, FL 33130

Residential Income, Miami, FL

Property Size2,140 SF
Price / SF$466.82
Days on Market49

Property Features for 569 SW 5th St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 3900
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1
Parking 5
Subdivision CITY OF MIAMI SOUTH
Lot features Flood Zone, < 1/4 Acre
Standard status Active
APN 01-02-03-000-1130
Size 2,140 SF

Taxes and HOA fees

Tax Year 2025
Tax Description CITY OF MIAMI SOUTH PB B-41 S100FT LOT 12 BLK 30 LOT SIZE 5000 SQUARE FEET OR 14662-1398-970991 1 COC 26422-1280 06 2008 5
Tax Annual Amount 4147
Legal Description CITY OF MIAMI SOUTH PB B-41 S100FT LOT 12 BLK 30 LOT SIZE 5000 SQUARE FEET OR 14662-1398-970991 1 COC 26422-1280 06 2008 5

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 1922
Floors in Building 2
Flooring type Vinyl, Tile, Tile - Ceramic
Building materials Block
Roof type Shingle
Listing Agency: Compass Florida, LLC
Listed By: Carlos Corral · License #3299568
Added: Sep 19 Changed: Nov 4 Last Checked: Nov 6 at 11:06AM
MLS# A12092079

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.

Rey
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Investment Insights

Based on property information with market context.

This detached duplex contains 2,140 square feet across two residences. The ground-floor unit offers three bedrooms and one bathroom, while the upper residence provides one bedroom and one bathroom with remodeling and newer appliances. Interior finishes include ceramic tile, tile, and vinyl flooring, supported by central heating and central air conditioning.

Built in 1922, the property has block construction, a shingle roof replaced five years ago, and public sewer service. Cable is available, and the property is located at 569 SW 5th St in Miami, near Brickell and its dining and shopping amenities. There are no HOA fees associated with the property.

Key Highlights

  • 2,140‑square‑foot detached duplex
  • Ground‑floor 3‑bedroom, 1‑bathroom residence
  • Remodeled upper‑level 1‑bedroom, 1‑bathroom unit with newer appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,919
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$858,380 $858.4K
Cap Rate 7%
$613,129 $613.1K
Cap Rate 9%
$476,878 $476.9K
Market Conditions
NOI Build-Up for 2,140 SF
Gross rent
$65.5K $30.60/SF
− Vacancy
−$4.2K −$1.95/SF
EGI
$61.3K $28.65/SF
− OpEx
−$18.4K −$8.60/SF
NOI
$42.9K $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%
$858,380
Cap Rate 7%
$613,129
Cap Rate 9%
$476,878

Alternative Uses

Best Use
Multifamily LT 5
$613.1K
$536.5K – $715.3K (±1% cap)
NOI $42,919 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$564.8K
$494.2K – $658.9K (±1% cap)
NOI $39,533 @ 7.0% cap · market cap 3.96%
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.69M (±1% cap)
NOI $101,116 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

9,064
Businesses Nearby

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Miami, FL

$484 Jul
$479 Aug
$469 Sep
$471 Oct

Properties on Market for Duplexes in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with a remodeled upper residence and central air conditioning.
Where is this duplex located?
The property is located at 569 SW 5th St Miami, FL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2,140‑square‑foot detached duplex; Ground‑floor 3‑bedroom, 1‑bathroom residence; Remodeled upper‑level 1‑bedroom, 1‑bathroom unit with newer appliances
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