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Remodeled Duplex Property
For Sale
Under Contract
$579,000

836 NW 98th St, Miami, FL 33150

Residential Income, Miami, FL

Property Size1,482 SF
Price / SF$390.69
Days on Market94

Property Features for 836 NW 98th St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 5100
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3
Parking 4
Security features Security
Patio and Porch features Porch
Exterior features Balcony, Porch, Security/High Impact Doors, Storm/Security Shutters
Subdivision PINE WOOD PK
Lot features < 1/4 Acre
Directions use google maps
Standard status Active Under Contract
APN 30-31-02-013-0860
Size 1,482 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description PINEWOOD PARK PB 6-42 LOT 5 BLK 13 LOT SIZE 50.000 X 140 OR 19937-3967 0901 1 COC 22771-3758 10 2004 1
Tax Annual Amount 6731
Legal Description PINEWOOD PARK PB 6-42 LOT 5 BLK 13 LOT SIZE 50.000 X 140 OR 19937-3967 0901 1 COC 22771-3758 10 2004 1

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1967
Floors in Building 1
Flooring type Tile - Porcelian, Tile
Building materials Block
Roof type Shingle
Buildings 3
Listing Agency: NB Elite Realty
Listed By: Jorge Zubizarreta LLC · License #0635656
Added: Jul 30 Changed: Oct 28 Last Checked: Oct 31 at 11:06AM
MLS# A12062500

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex property contains two residential units within 1,482 square feet. The layout includes four bedrooms and two bathrooms overall, with each unit configured as a two-bedroom, one-bath residence. Interior features include tile and porcelain tile flooring, while central heating and central air provide building-wide climate control. Exterior improvements include porches, balconies, high-impact security doors, storm shutters, block construction, and a shingle roof.

Built in 1967, the property is located at 836 NW 98th St in Miami, Florida. Public water service and a septic tank are in place, with cable availability also reported. One unit is occupied through Section 8, and the other has a tenant, providing an existing two-unit rental configuration.

Key Highlights

  • Two‑unit duplex with 1,482 square feet
  • Four bedrooms and two bathrooms overall
  • Each unit configured with 2 bedrooms and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,722
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,440 $594.4K
Cap Rate 7%
$424,600 $424.6K
Cap Rate 9%
$330,244 $330.2K
Market Conditions
NOI Build-Up for 1,482 SF
Gross rent
$45.3K $30.60/SF
− Vacancy
−$2.9K −$1.95/SF
EGI
$42.5K $28.65/SF
− OpEx
−$12.7K −$8.60/SF
NOI
$29.7K $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%
$594,440
Cap Rate 7%
$424,600
Cap Rate 9%
$330,244

Alternative Uses

Best Use
Multifamily LT 5
$424.6K
$371.5K – $495.4K (±1% cap)
NOI $29,722 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$391.1K
$342.2K – $456.3K (±1% cap)
NOI $27,378 @ 7.0% cap · market cap 4.73%
Theoretical Best
Specialty Retail
$1.00M
$875.3K – $1.17M (±1% cap)
NOI $70,025 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

931
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer central HVAC, tile flooring, porches, and security-oriented exterior features.
Where is this duplex located?
The property is located at 836 NW 98th St Miami, FL.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,482 square feet; Four bedrooms and two bathrooms overall; Each unit configured with 2 bedrooms and 1 bathroom
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