Duplex with Swimming
New
For Sale
$1,200,000
7249 SW 22nd Street, Miami, FL 33155
Both residences provide three bedrooms and two bathrooms, with the pool serving as a shared outdoor amenity.
Property Size2,990 SF
Days on Market5
Property Features for 7249 SW 22nd Street
General Information
Standard status
Active
Size
2,990 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,218,631
Amenities
swimming pool
Building Details
Building Size
2,990 SF
Year Built
1994
Listing Agency:
Florida Realty of Miami Corp
Listed By:
Carlos Vazquez · License #3303950
(786) 899-1833
Source:
Silverleafrealtygroup
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 24 at 11:31PM
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 Florida Realty of Miami Corp
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1994, this duplex contains two residences, each arranged with three bedrooms and two bathrooms. Together, the property offers six bedrooms and four bathrooms, along with a swimming pool.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- Six bedrooms and four bathrooms across the duplex
- Swimming pool on the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,966
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,199,320
$1.2M
Cap Rate 7%
$856,657
$856.7K
Cap Rate 9%
$666,289
$666.3K
Market Conditions
NOI Build-Up for 2,990 SF
Gross rent
$91.5K $30.60/SF
− Vacancy
−$5.8K −$1.95/SF
EGI
$85.7K $28.65/SF
− OpEx
−$25.7K −$8.60/SF
NOI
$60.0K $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%
$1,199,320
Cap Rate 7%
$856,657
Cap Rate 9%
$666,289
Alternative Uses
Best Use
Multifamily LT 5
$856.7K
$749.6K – $999.4K
NOI $59,966 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$789.1K
$690.4K – $920.6K
NOI $55,235 @ 7.0% cap · market cap 4.60%
Theoretical Best
Specialty Retail
$2.02M
$1.77M – $2.35M
NOI $141,279 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,603
Businesses Nearby
Explore this area
Business Placement
Demographics for 33155, FL
43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences provide three bedrooms and two bathrooms, with the pool serving as a shared outdoor amenity.
Where is this duplex located?
The property is located at 7249 SW 22nd Street Miami, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; Six bedrooms and four bathrooms across the duplex; Swimming pool on the property
