Two-Unit Residential
6716 NW 6th Ave, Miami, FL 33150
For Sale
New
$525,000
Residential Income, Miami, FL
Property Size1,499 SF
Price / SF$350.23
Days on Market2
Property Features for 6716 NW 6th Ave
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Exterior features
Subdivision
Lot features
Special listing conditions
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Amenities
metal perimeter gate
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Realty One Group Evolution
(786) 477-4715
Listed By:
Gerry Machado · License FL #3450122
(407) 452-8565
Added: Nov 12
Last Checked: Nov 13 at 1:06AM
MLS# A12096811
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 1,499-square-foot, two-story duplex was built in 1925 and is legally classified as a single-family home. It is configured with two separate living units. The lower unit is tenant-occupied through December 31. The remodeled upper unit has two bedrooms, one bathroom, and a washer and dryer; it is vacant. Both units have new mini-split systems, and a new roof is awaiting final inspection. Additional features include a metal perimeter gate and a balcony.
The property offers access to I-95 within minutes. It is being sold as-is.
The property offers access to I-95 within minutes. It is being sold as-is.
Key Highlights
- 1,499‑square‑foot property configured as two separate living units
- Remodeled upper unit has 2 bedrooms, 1 bathroom, and a washer and dryer
- Lower unit tenant‑occupied through December 31
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,063
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$601,260
$601.3K
Cap Rate 7%
$429,471
$429.5K
Cap Rate 9%
$334,033
$334.0K
Market Conditions
NOI Build-Up for 1,499 SF
Gross rent
$45.9K $30.60/SF
− Vacancy
−$2.9K −$1.95/SF
EGI
$42.9K $28.65/SF
− OpEx
−$12.9K −$8.60/SF
NOI
$30.1K $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%
$601,260
Cap Rate 7%
$429,471
Cap Rate 9%
$334,033
Alternative Uses
Best Use
Multifamily LT 5
$429.5K
$375.8K – $501.1K
NOI $30,063 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$395.6K
$346.2K – $461.5K
NOI $27,692 @ 7.0% cap · market cap 5.27%
Theoretical Best
Specialty Retail
$1.01M
$885.4K – $1.18M
NOI $70,828 @ 7.0% cap · market cap 13.49%
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
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,551
Businesses Nearby
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Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
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Market
Average Price Trend$/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 - A two-story layout separates an occupied lower residence from a remodeled, vacant upper unit.
Where is this duplex located?
The property is located at 6716 NW 6th Ave Miami, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,499‑square‑foot property configured as two separate living units; Remodeled upper unit has 2 bedrooms, 1 bathroom, and a washer and dryer; Lower unit tenant‑occupied through December 31
