Single-Story Duplex on Large
For Sale
$640,000
Pending
663 S Biscayne River Dr, Miami, FL 33169
Single-story duplex with a large lot and 2,097 SF of finished living space for flexible residential use.
Property Size2,097 SF
Days on Market76
Property Features for 663 S Biscayne River Dr
General Information
Standard status
Pending
Size
2,097 SF
Property subtype
Residential Income
Building Details
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Excel Realty and Investment Group LLC
(954) 588-0249
Listed By:
Evelyn A Eastwood
(954) 588-0249
Source:
Exprealty
Added: May 18
Changed: Jul 31
Last Checked: Jul 31 at 3:30AM
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 Excel Realty and Investment Group LLC
Investment Insights
Based on property information with market context.
This single-story duplex offers 2,097 square feet of finished living space and a duplex format designed for flexible residential arrangements. The property sits on a large lot and is positioned within the REV PLAT OF BRANDON PARK SEC A community.
Located at 663 S Biscayne River Dr in Miami’s Biscayne Gardens area, the duplex is noted as being close to NW 7th Ave. It is described as an easy-to-rent rental property within an established community.
For buyers looking for a duplex configuration, this home provides practical interior space and a large-lot setting within the community development at Brandon Park Sec A.
Located at 663 S Biscayne River Dr in Miami’s Biscayne Gardens area, the duplex is noted as being close to NW 7th Ave. It is described as an easy-to-rent rental property within an established community.
For buyers looking for a duplex configuration, this home provides practical interior space and a large-lot setting within the community development at Brandon Park Sec A.
Key Highlights
- 2,097 SF of finished living space
- Duplex format for flexible residential arrangements
- Single‑story layout
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 | $64.2k | $30.60 |
| − Vacancy | −$4.1k | −$1.95 |
| EGI | $60.1k | $28.65 |
| − OpEx | −$18.0k | −$8.60 |
| NOI | $42.1k | $20.06 |
2,097 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$600.8K
$525.7K – $700.9K
NOI $42,056 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$553.4K
$484.2K – $645.7K
NOI $38,739 @ 7.0% cap · market cap 6.05%
Theoretical Best
Specialty Retail
$1.42M
$1.24M – $1.65M
NOI $99,084 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
892
Businesses Nearby
Explore this area
Business Placement
Demographics for 33169, FL
42,308
Population
14,815
Households
2.9
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
6.8 sq mi
ZIP Area
6,222
Density / Sq Mi
$59,686
Median Household Income
$34,327
Median Earnings
$1,536
Median Rent
$352,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Single-story duplex with a large lot and 2,097 SF of finished living space for flexible residential use.
Where is this duplex located?
The property is located at 663 S Biscayne River Dr Miami, FL.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: 2,097 SF of finished living space; Duplex format for flexible residential arrangements; Single‑story layout
