Corner Duplex with Gated Side
695-697 Curtiss Drive Opa Locka, FL 33054
New
695-697 Curtiss Drive, Opa Locka, FL, 33054
$649,000
For Sale
$649,000
Corner duplex features a double gate on the side, plus a large backyard area for parking.
Property Size1,408 SF
Price / SF$460.94
Days on Market4
Property Features for 695-697 Curtiss Drive
General Information
- Standard status
- Active
- Size
- 1,408 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1957
Listing agency
Ricmar Realty
(305) 922-0797
Listed by
Ricardo Carnero · License #0482452
(305) 922-0797
Source
Compass
Added: Jul 19 Updated: Jul 22 at 1:16AM Checked: Jul 22 at 8:16AM
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
Investment Insights
Based on property information with market context.
This duplex property is configured as a corner unit and includes a double gate on the side. The exterior space also features a mango tree and a guanabana tree, and the back yard offers a large area that can be used for parking. The property is described as being in great conditions.
The units are located at 695-697 Curtiss Drive, Opa-Locka, FL 33054. Please note that the public remarks ask that prospective visitors do not disturb the tenants.
Overall, the site layout emphasizes practical outdoor access and parking at the rear, supported by the gated side entry and the corner positioning of the duplex.
The units are located at 695-697 Curtiss Drive, Opa-Locka, FL 33054. Please note that the public remarks ask that prospective visitors do not disturb the tenants.
Overall, the site layout emphasizes practical outdoor access and parking at the rear, supported by the gated side entry and the corner positioning of the duplex.
Key Highlights
- Corner duplex built in 1957
- Corner unit includes a double gate on the side
- Large backyard area that can be used for parking
Local 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 | $43.1k | $30.60 |
| − Vacancy | −$2.7k | −$1.95 |
| EGI | $40.3k | $28.65 |
| − OpEx | −$12.1k | −$8.60 |
| NOI | $28.2k | $20.06 |
1,408 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$403.4K
$353.0K – $470.6K
NOI $28,238 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$371.6K
$325.1K – $433.5K
NOI $26,011 @ 7.0% cap · market cap 4.01%
Theoretical Best
Specialty Retail
$950.4K
$831.6K – $1.11M
NOI $66,529 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Corner duplex features a double gate on the side, plus a large backyard area for parking.
Where is this duplex located?
The property is located at 695-697 Curtiss Drive Opa Locka, FL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Corner duplex built in 1957; Corner unit includes a double gate on the side; Large backyard area that can be used for parking
