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Corner Duplex with Gated Side Access
For Sale
$585,900

695 697 Curtiss Dr Opa-Locka, Opa Locka, FL 33054

Corner duplex with rear parking space, side gate, and mango and guanabana trees.

Property Size1,408 SF
Days on Market103

Property Features for 695 697 Curtiss Dr Opa-Locka

General Information

Standard status Active
Size 1,408 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $10,395

Building Details

Building Size 1,408 SF
Year Built 1957
Tenancy Multi
Listing Agency: Ricmar Realty
Listed By: Ricardo Carnero · License #0482452
Source: Vanessafrankmiami
Added: Jul 19 Changed: Oct 26 Last Checked: Oct 28 at 5:11PM

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 Ricmar Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex property occupies a corner position and includes a double gate along the side of the building. The rear yard provides substantial space for parking, while mango and guanabana trees add established landscaping to the outdoor area. The property was built in 1957 and contains two residential units.

Key Highlights

  • Duplex property positioned on a corner lot
  • Double gate provides side access
  • Large rear yard area available for parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,238
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,760 $564.8K
Cap Rate 7%
$403,400 $403.4K
Cap Rate 9%
$313,756 $313.8K
Market Conditions
NOI Build-Up for 1,408 SF
Gross rent
$43.1K $30.60/SF
− Vacancy
−$2.7K −$1.95/SF
EGI
$40.3K $28.65/SF
− OpEx
−$12.1K −$8.60/SF
NOI
$28.2K $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%
$564,760
Cap Rate 7%
$403,400
Cap Rate 9%
$313,756

Alternative Uses

Best Use
Multifamily LT 5
$403.4K
$353.0K – $470.6K (±1% cap)
NOI $28,238 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$371.6K
$325.1K – $433.5K (±1% cap)
NOI $26,011 @ 7.0% cap · market cap 4.44%
Theoretical Best
Specialty Retail
$950.4K
$831.6K – $1.11M (±1% cap)
NOI $66,529 @ 7.0% cap · market cap 11.36%
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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby

Demographics for 33054, FL

30,352
Population
10,263
Households
3
Avg Household Size
37
Median Age
10%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
3,613
Density / Sq Mi
$42,779
Median Household Income
$31,147
Median Earnings
$1,346
Median Rent
$291,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Corner duplex with rear parking space, side gate, and mango and guanabana trees.
Where is this duplex located?
The property is located at 695 697 Curtiss Dr Opa-Locka Opa Locka, FL.
What is the asking price?
The asking price for this property is $585,900.
What are key features of this property?
This property features: Duplex property positioned on a corner lot; Double gate provides side access; Large rear yard area available for parking
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