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Remodeled Duplex With Separate Meters
For Sale
Under Contract
$674,900

750-752 NW 52nd St, Miami, FL 33127

Residential Income, Miami, FL

Property Size1,343 SF
Price / SF$502.53
Days on Market50

Property Features for 750-752 NW 52nd St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 0104
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1
Parking 4
Window features Blinds
Subdivision BOWLING GREEN
Lot features < 1/4 Acre
Directions GPS
Standard status Active Under Contract
APN 01-31-23-006-0340
Size 1,343 SF

Taxes and HOA fees

Tax Year 2025
Tax Description BOWLING GREEN PB 5-101 LOT 9 BLK 3 LOT SIZE 40.000 X 139 OR 19037-3923 03 2000 5
Tax Annual Amount 6001
Legal Description BOWLING GREEN PB 5-101 LOT 9 BLK 3 LOT SIZE 40.000 X 139 OR 19037-3923 03 2000 5

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1954
Floors in Building 1
Flooring type Laminate
Building materials Block, Shingle Siding
Roof type Shingle
Listing Agency: Related General Realty, LLC.
Listed By: Ydalia Rodriguez · License #3533172
Added: Jul 28 Changed: Sep 13 Last Checked: Sep 15 at 7:06PM
MLS# A12061409

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 duplex at 750-752 NW 52nd St comprises 1,343 square feet and includes four bedrooms and two bathrooms. The property was built in 1954 and has received substantial 2026 improvements, including a new shingle roof and updated plumbing and electrical systems. Block construction, laminate flooring, central heating, and central air conditioning are also in place.

Each unit has its own water and electric meter, allowing utility service to be tracked separately. Public water and public sewer serve the property, with cable availability noted. The duplex is located in Miami, near the Design District, Wynwood, Midtown, Downtown Miami, Miami International Airport, and Miami Beach. It is currently producing rental income.

Key Highlights

  • 1,343‑square‑foot duplex with four bedrooms and two bathrooms
  • 2026 upgrades include a new roof plus updated plumbing and electrical systems
  • Separate water and electric meters serve each unit

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,935
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.99%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$538,700 $538.7K
Cap Rate 7%
$384,786 $384.8K
Cap Rate 9%
$299,278 $299.3K
Market Conditions
NOI Build-Up for 1,343 SF 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.
Gross rent
$41.1K $30.60/SF
− Vacancy
−$2.6K −$1.95/SF
EGI
$38.5K $28.65/SF
− OpEx
−$11.5K −$8.60/SF
NOI
$26.9K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$538,700
Cap Rate 7%
$384,786
Cap Rate 9%
$299,278

Alternative Uses

Best Use
Multifamily LT 5
$384.8K
$336.7K – $448.9K (±1% cap)
NOI $26,935 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$354.4K
$310.1K – $413.5K (±1% cap)
NOI $24,810 @ 7.0% cap · market cap 3.68%
Theoretical Best
Specialty Retail
$906.5K
$793.2K – $1.06M (±1% cap)
NOI $63,457 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Carpet & Flooring Store Garden Center Parking Lot & Garage Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,279
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully updated two-unit property with independent water and electric metering.
Where is this duplex located?
The property is located at 750-752 NW 52nd St Miami, FL.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: 1,343‑square‑foot duplex with four bedrooms and two bathrooms; 2026 upgrades include a new roof plus updated plumbing and electrical systems; Separate water and electric meters serve each unit
More about this property
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