Income Duplex For
812 NW 70th St Miami, FL 33150
For Sale
$750,000
Duplex income property offered for sale with a total size of 2,884 square feet.
Property Size2,884 SF
Price / SF$260.06
Days on Market27
Property Features for 812 NW 70th St
General Information
- Standard status
- Active
- Size
- 2,884 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2009
Listing Agency:
Compass Florida LLC
(954) 448-6437
Listed By:
Latonya Hamilton · License #A11982609
(954) 448-6437
Source:
Riserealty
Added: Jun 30
Changed: Jul 25
Last Checked: Jul 25 at 5:33PM
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 Compass Florida LLC
Investment Insights
Based on property information with market context.
This income duplex is offered for sale and totals 2,884 square feet. The property is listed at $750,000.
The duplex is located at 812 NW 70th St in Miami, Florida 33150.
With its residential income structure, the asset is positioned as a straightforward multifamily holding within the duplex property type.
The duplex is located at 812 NW 70th St in Miami, Florida 33150.
With its residential income structure, the asset is positioned as a straightforward multifamily holding within the duplex property type.
Key Highlights
- Duplex income property built in 2009
- Total size of 2,884 SF
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 | $88.3k | $30.60 |
| − Vacancy | −$5.6k | −$1.95 |
| EGI | $82.6k | $28.65 |
| − OpEx | −$24.8k | −$8.60 |
| NOI | $57.8k | $20.06 |
2,884 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$826.3K
$723.0K – $964.0K
NOI $57,840 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$761.1K
$666.0K – $888.0K
NOI $53,277 @ 7.0% cap · market cap 7.10%
Theoretical Best
Specialty Retail
$1.95M
$1.70M – $2.27M
NOI $136,270 @ 7.0% cap · market cap 18.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex income property offered for sale with a total size of 2,884 square feet.
Where is this duplex located?
The property is located at 812 NW 70th St Miami, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Duplex income property built in 2009; Total size of 2,884 SF