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6801 Northwest 2nd Court, Miami, FL, 33150
Two-Unit Residential Income Duplex

6801 Northwest 2nd Court Miami, FL 33150

For Sale
$700,000

Duplex with two rented units, each offering two bedrooms and one bathroom, plus private garden, storage, and on-site laundry areas.

Property Size1,323 SF
Price / SF$529.10
Days on Market169

Property Features for 6801 Northwest 2nd Court

General Information

Standard status
Active
Size
1,323 SF
Property subtype
Multi-Family Income / Duplex

Building Details

Year Built
1957
Listing Agency: Canvas Real Estate
Listed By: Maria Barrera · License #3353031
Source: Compass
Added: Feb 5 Changed: Jul 20 Last Checked: Jul 23 at 7:45AM

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 Canvas Real Estate


Investment Insights

Based on property information with market context.

This duplex features two separate residential units, each with two bedrooms and one bathroom. The property is currently rented, providing in-place occupancy. Additional improvements include a private garden area, two individual laundry areas located at the back of the units, and extra storage space.

The address is 6801 Northwest 2nd Court in Miami, Florida. The surrounding area is described as Little Haiti.

The layout supports independent day-to-day living for each unit with dedicated laundry spaces and defined storage, while the private garden area offers an outdoor option for residents.

Key Highlights

  • Duplex built in 1957 in Little Haiti
  • Two rented units; each unit has 2 bedrooms and 1 bathroom
  • Private garden area included

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 $40.5k $30.60
− Vacancy −$2.6k −$1.95
EGI $37.9k $28.65
− OpEx −$11.4k −$8.60
NOI $26.5k $20.06
1,323 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$379.0K
$331.7K – $442.2K (±1% cap)
NOI $26,533 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$349.1K
$305.5K – $407.3K (±1% cap)
NOI $24,440 @ 7.0% cap · market cap 3.49%
Theoretical Best
Specialty Retail
$893.0K
$781.4K – $1.04M (±1% cap)
NOI $62,512 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Real Estate Agency Pet Grooming Service Pet Store Parking Lot & Garage Pet Store & Service Locksmith (Bike/Boat/Book/etc) Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two rented units, each offering two bedrooms and one bathroom, plus private garden, storage, and on-site laundry areas.
Where is this duplex located?
The property is located at 6801 Northwest 2nd Court 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: Duplex built in 1957 in Little Haiti; Two rented units; each unit has 2 bedrooms and 1 bathroom; Private garden area included
More about this property
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