2024 Duplex with Dedicated
For Sale
$1,120,000
6141 NW 1st Ave, Miami, FL 33127
Residential Income, Miami, FL
Property Size2,244 SF
Lot Size0.13 Acres
Price / SF$499.11
Days on Market49
Property Features for 6141 NW 1st Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 5
Parking
4
Subdivision
NORTH ROCKMOOR TRACK
Lot features
< 1/4 Acre
Standard status
Active
APN
01-31-13-050-0080
Size
2,244 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
13 53 41 NORTH ROCKMOOR TR PB 4-181 LOT 8 BLK 1 LESS S10FT & EXT AREA OF CURVE IN SW COR FOR R/W LOT SIZE 4860 SQ FT M/L OR 11790-8 0483 5
Tax Annual Amount
10348
Legal Description
13 53 41 NORTH ROCKMOOR TR PB 4-181 LOT 8 BLK 1 LESS S10FT & EXT AREA OF CURVE IN SW COR FOR R/W LOT SIZE 4860 SQ FT M/L OR 11790-8 0483 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2024
Floors in Building
2
Flooring type
Tile
Building materials
Block
Roof type
Concrete
Listing Agency:
Compass Florida, LLC
(305) 851-2820
Listed By:
Maura Padron · License #3468391
(786) 204-6032
Added: Aug 25
Changed: Oct 10
Last Checked: Oct 12 at 8:06PM
MLS# A12072659
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.
Investment Insights
Based on property information with market context.
Completed in 2024, this block-built duplex contains two residential units with a three-bedroom, two-and-a-half-bath layout on each side. The property includes tile flooring, central heating and central air, a concrete roof, public sewer service, and cable availability. Four dedicated parking spaces provide two spaces for each unit.
The 5,617-square-foot corner lot is located in Little Haiti at 6141 NW 1st Ave, with proximity to the Design District, Wynwood, and Midtown. The property is identified as being within an Opportunity Zone, with related tax treatment available to qualifying investors. Miami and Miami-Dade County location details support its placement within the area’s established urban context.
The 5,617-square-foot corner lot is located in Little Haiti at 6141 NW 1st Ave, with proximity to the Design District, Wynwood, and Midtown. The property is identified as being within an Opportunity Zone, with related tax treatment available to qualifying investors. Miami and Miami-Dade County location details support its placement within the area’s established urban context.
Key Highlights
- Two‑unit duplex completed in 2024
- Each unit includes 3 bedrooms and 2.5 baths
- Four dedicated parking spaces, with 2 assigned to each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,005
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,100
$900.1K
Cap Rate 7%
$642,929
$642.9K
Cap Rate 9%
$500,056
$500.1K
Market Conditions
NOI Build-Up for 2,244 SF
Gross rent
$68.7K $30.60/SF
− Vacancy
−$4.4K −$1.95/SF
EGI
$64.3K $28.65/SF
− OpEx
−$19.3K −$8.60/SF
NOI
$45.0K $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%
$900,100
Cap Rate 7%
$642,929
Cap Rate 9%
$500,056
Alternative Uses
Best Use
Multifamily LT 5
$642.9K
$562.6K – $750.1K
NOI $45,005 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$592.2K
$518.2K – $690.9K
NOI $41,454 @ 7.0% cap · market cap 3.70%
Theoretical Best
Specialty Retail
$1.51M
$1.33M – $1.77M
NOI $106,030 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,354
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer three bedrooms and two-and-a-half baths per side.
Where is this duplex located?
The property is located at 6141 NW 1st Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: Two‑unit duplex completed in 2024; Each unit includes 3 bedrooms and 2.5 baths; Four dedicated parking spaces, with 2 assigned to each unit
