Legal Duplex with
6950 NW 6th Ct, Miami, FL 33150
For Sale
$499,900
Residential Income, Miami, FL
Property Size1,316 SF
Price / SF$379.86
Days on Market93
Property Features for 6950 NW 6th Ct
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Premier Realty & Invest. Group
(305) 756-4450
Listed By:
Ronald Henry · License FL #0662397
(305) 300-9653
Added: Aug 15
Changed: Nov 10
Last Checked: Nov 15 at 6:06PM
MLS# A12071785
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.
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Investment Insights
Based on property information with market context.
This 1,316-square-foot duplex contains two permitted residential units with three bedrooms and two bathrooms in total. Separate carports serve the units, while block construction, tile flooring, and a shingle roof define the existing improvements. Built in 1955, the property includes electric heating, wall-furnace heating, ceiling fans, and electric cooling.
The property is located at 6950 NW 6th Ct in Miami, within Miami-Dade County. Public water and public sewer serve the site, and cable service is available. Its duplex configuration and separate parking structures provide a straightforward residential income property layout.
The property is located at 6950 NW 6th Ct in Miami, within Miami-Dade County. Public water and public sewer serve the site, and cable service is available. Its duplex configuration and separate parking structures provide a straightforward residential income property layout.
Key Highlights
- Two permitted residential units within a legal duplex
- 1,316 square feet with 3 bedrooms and 2 bathrooms
- Separate carports for the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,393
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,860
$527.9K
Cap Rate 7%
$377,043
$377.0K
Cap Rate 9%
$293,256
$293.3K
Market Conditions
NOI Build-Up for 1,316 SF
Gross rent
$40.3K $30.60/SF
− Vacancy
−$2.6K −$1.95/SF
EGI
$37.7K $28.65/SF
− OpEx
−$11.3K −$8.60/SF
NOI
$26.4K $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%
$527,860
Cap Rate 7%
$377,043
Cap Rate 9%
$293,256
Alternative Uses
Best Use
Multifamily LT 5
$377.0K
$329.9K – $439.9K
NOI $26,393 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$347.3K
$303.9K – $405.2K
NOI $24,311 @ 7.0% cap · market cap 4.86%
Theoretical Best
Specialty Retail
$888.3K
$777.3K – $1.04M
NOI $62,182 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,466
Businesses Nearby
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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
$377,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with public water and sewer service in Miami.
Where is this duplex located?
The property is located at 6950 NW 6th Ct Miami, FL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two permitted residential units within a legal duplex; 1,316 square feet with 3 bedrooms and 2 bathrooms; Separate carports for the units
