Legal Duplex with Additional
745 NW 32nd Ave Miami, FL 33125
745 NW 32nd Ave, Miami, FL, 33125
$595,000
For Sale
$595,000
MULTI_FAMILY - Miami, FL
Property Size2,187 SF
Price / SF$272.06
Days on Market20
Property Features for 745 NW 32nd Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
- Parking
- 4
- Standard status
- Active
- APN
- 01-31-33-019-0180
- Size
- 2,187 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 33 53 41 VALENTINE VILLAS PB 51-2 LOT 18 LOT SIZE SITE VALUE OR 9704 3
- Tax Annual Amount
- 4690
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
Listing agency
Real Estate Empire Group, Inc.
(305) 592-1588
Listed by
Francisco De Ona · License #3323367
(786) 285-8798
Added: Jul 2 Updated: Jul 18 at 1:40AM Checked: Jul 21 at 8:06PM
MLS# A12046175
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 property is a legal duplex set on an oversized lot and is currently operating as a four-plex configuration. The buyer should expect a complete renovation, as the property is being sold as-is.
The asset is located in Miami, Florida in Miami-Dade County. The listing notes that purchasers should verify zoning, legal use, and any redevelopment potential as part of their due diligence.
The property is offered for sale and priced per the current listing. It may be suitable for cash buyers or those using renovation financing, subject to lender and underwriting requirements.
The asset is located in Miami, Florida in Miami-Dade County. The listing notes that purchasers should verify zoning, legal use, and any redevelopment potential as part of their due diligence.
The property is offered for sale and priced per the current listing. It may be suitable for cash buyers or those using renovation financing, subject to lender and underwriting requirements.
Key Highlights
- Legal duplex currently operating as a four‑plex on an oversized lot
- Sold as‑is; property requires a complete renovation
- Block construction with tile flooring
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 | $66.9k | $30.60 |
| − Vacancy | −$4.3k | −$1.95 |
| EGI | $62.7k | $28.65 |
| − OpEx | −$18.8k | −$8.60 |
| NOI | $43.9k | $20.06 |
2,187 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$626.6K
$548.3K – $731.0K
NOI $43,861 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$577.2K
$505.0K – $673.4K
NOI $40,401 @ 7.0% cap · market cap 6.79%
Theoretical Best
Specialty Retail
$1.48M
$1.29M – $1.72M
NOI $103,337 @ 7.0% cap · market cap 17.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Legal duplex on an oversized lot currently configured as a four-plex and sold as-is for renovation.
Where is this duplex located?
The property is located at 745 NW 32nd Ave Miami, FL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Legal duplex currently operating as a four‑plex on an oversized lot; Sold as‑is; property requires a complete renovation; Block construction with tile flooring
