Two-Unit Residential Income
For Sale
$670,000
6801 NW 2nd Ct, Miami, FL 33150
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$506.42
Days on Market255
Property Features for 6801 NW 2nd Ct
General Information
Standard status
Active
Size
1,323 SF
Property subtype
Duplex
Site & Location
Neighborhood
Edison
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,725
Building Details
Building Size
1,323 SF
Year Built
1957
Tenancy
Multi
Listing Agency:
Canvas Real Estate
Listed By:
Maria Barrera · License #3353031
(786) 520-7827
Source:
Casacollectiongroup
Added: Feb 12
Changed: Oct 16
Last Checked: Oct 25 at 12:44AM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$26,533
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,660
$530.7K
Cap Rate 7%
$379,043
$379.0K
Cap Rate 9%
$294,811
$294.8K
Market Conditions
NOI Build-Up for 1,323 SF
Gross rent
$40.5K $30.60/SF
− Vacancy
−$2.6K −$1.95/SF
EGI
$37.9K $28.65/SF
− OpEx
−$11.4K −$8.60/SF
NOI
$26.5K $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%
$530,660
Cap Rate 7%
$379,043
Cap Rate 9%
$294,811
Alternative Uses
Best Use
Multifamily LT 5
$379.0K
$331.7K – $442.2K
NOI $26,533 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$349.1K
$305.5K – $407.3K
NOI $24,440 @ 7.0% cap · market cap 3.65%
Theoretical Best
Specialty Retail
$893.0K
$781.4K – $1.04M
NOI $62,512 @ 7.0% cap · market cap 9.33%
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
2,137
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
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 NW 2nd Ct Miami, FL.
What is the asking price?
The asking price for this property is $670,000.
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
