Duplex with New
5859 NW 13th Ave, Miami, FL 33142
For Sale
$700,000
Residential Income, Miami, FL
Property Size2,300 SF
Price / SF$304.35
Days on Market94
Property Features for 5859 NW 13th Ave
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Exterior features
Fencing
Subdivision
Lot features
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Amenities
washer/dryer hookups
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Miami New Realty
(305) 485-3100
Listed By:
Oswaldo Sanchez Robleno · License FL #3398163
(786) 683-7374
Added: Aug 14
Changed: Nov 10
Last Checked: Nov 15 at 1:06PM
MLS# A12071457
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 2006 duplex at 5859 NW 13th Ave in Miami contains 2,300 square feet across two residences, each configured with three bedrooms and two bathrooms. The kitchens include refrigerators, electric ranges, and microwaves, and each unit has washer and dryer hookups. Central air conditioning and heating serve the property. Construction is concrete block, with tile flooring, a shingle roof, fencing, and metal shutters. The roof was replaced in 2025.
Four on-site parking spaces are provided, with two allocated to each residence. Both units are currently rented. The property is served by public sewer, and cable is available.
Four on-site parking spaces are provided, with two allocated to each residence. Both units are currently rented. The property is served by public sewer, and cable is available.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 2,300 square feet of building area
- Four parking spaces, with two for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,128
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,560
$922.6K
Cap Rate 7%
$658,971
$659.0K
Cap Rate 9%
$512,533
$512.5K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$70.4K $30.60/SF
− Vacancy
−$4.5K −$1.95/SF
EGI
$65.9K $28.65/SF
− OpEx
−$19.8K −$8.60/SF
NOI
$46.1K $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%
$922,560
Cap Rate 7%
$658,971
Cap Rate 9%
$512,533
Alternative Uses
Best Use
Multifamily LT 5
$659.0K
$576.6K – $768.8K
NOI $46,128 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$607.0K
$531.1K – $708.2K
NOI $42,489 @ 7.0% cap · market cap 6.07%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,676 @ 7.0% cap · market cap 15.53%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,093
Businesses Nearby
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Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have kitchen appliances and washer-dryer hookups, with two parking spaces assigned to each unit.
Where is this duplex located?
The property is located at 5859 NW 13th Ave Miami, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2,300 square feet of building area; Four parking spaces, with two for each unit
