Tenant-Occupied Duplex
69 NW 5th St Homestead, FL 33030
New
For Sale
$549,900
MULTI_FAMILY - Homestead, FL
Property Size1,752 SF
Price / SF$313.87
Days on Market1
Property Features for 69 NW 5th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5
Parking
4
Standard status
Active
APN
10-78-13-013-0141
Size
1,752 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
R L MOSERS ADDN PB 1-142 LOT 17 LOT SIZE 50.000 X 130 OR 14575-2818 0690 1
Tax Annual Amount
5481
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1961
Floors in Building
1
Flooring type
Terrazzo
Building materials
Block
Roof type
Shingle
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Roylan Valdivia · License #3224891
(786) 752-1069
Added: Jul 28
Last Checked: Jul 28 at 6:06PM
MLS# A12026696
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.
This duplex includes two tenant-occupied units: a 3BR/1BA and a 2BR/1BA. The property has been recently updated with a brand-new roof, renovated kitchens, modern bathrooms, and fresh interior and exterior paint.
The home is located in Homestead near Miami Dade College, Homestead Middle School, and Roby George Park.
Both units are currently generating rental income, supporting an income-oriented residential income profile for buyers looking for immediate occupancy.
The home is located in Homestead near Miami Dade College, Homestead Middle School, and Roby George Park.
Both units are currently generating rental income, supporting an income-oriented residential income profile for buyers looking for immediate occupancy.
Key Highlights
- Duplex with two tenant‑occupied units: 3BR/1BA and 2BR/1BA
- Current rental income of $2,200/month per unit for $4,400/month total
- Brand‑new shingle roof plus renovated kitchens, modern bathrooms, and fresh interior and exterior paint
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 | $44.2k | $25.20 |
| − Vacancy | −$2.4k | −$1.39 |
| EGI | $41.7k | $23.81 |
| − OpEx | −$12.5k | −$7.14 |
| NOI | $29.2k | $16.67 |
1,752 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$417.2K
$365.1K – $486.8K
NOI $29,205 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$384.9K
$336.8K – $449.1K
NOI $26,945 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$888.9K
$777.8K – $1.04M
NOI $62,220 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two tenant-occupied units, recently updated with a new roof, renovated kitchens, and modern bathrooms.
Where is this duplex located?
The property is located at 69 NW 5th St Homestead, FL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Duplex with two tenant‑occupied units: 3BR/1BA and 2BR/1BA; Current rental income of $2,200/month per unit for $4,400/month total; Brand‑new shingle roof plus renovated kitchens, modern bathrooms, and fresh interior and exterior paint
