Duplex Investment
For Sale
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854 NW 76 ST, Miami, FL 33150
Rented duplex-zoned property with an existing one-year lease in Miami.
Property Size1,123 SF
Price / SF$449.69
Days on Market89
Property Features for 854 NW 76 ST
General Information
Standard status
Active
Size
1,123 SF
Total Parking Spaces
2
Property subtype
Multifamily
Zoning
Duplex
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$38,400
Building Details
Year Built
1941
Year Renovated
2025
Buildings
1124
Units
3
Tenancy
Single
Listing Agency:
Regal Luxury Realty PA
Listed By:
Silvia Heredia · License #3553955
(754) 308-7727
Source:
Crexi
Added: Jul 25
Changed: Oct 4
Last Checked: Oct 20 at 7:56PM
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 Regal Luxury Realty PA
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Investment Insights
Based on property information with market context.
This multifamily property was built in 1941 and is designated within a certified Duplex zone. The property is currently rented under a one-year lease, providing an established occupancy arrangement for the next owner.
Located at 854 NW 76 ST in Miami, Florida, the property offers a residential income configuration with the zoning designation needed to evaluate additional development options. The existing property size is 1,123, and the source information identifies the possibility of adding a guest house subject to applicable requirements and approvals.
Located at 854 NW 76 ST in Miami, Florida, the property offers a residential income configuration with the zoning designation needed to evaluate additional development options. The existing property size is 1,123, and the source information identifies the possibility of adding a guest house subject to applicable requirements and approvals.
Key Highlights
- Certified Duplex zoning
- Currently rented under a 1‑year lease
- Property size: 1,123
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,746
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,920
$414.9K
Cap Rate 7%
$296,371
$296.4K
Cap Rate 9%
$230,511
$230.5K
Market Conditions
NOI Build-Up for 1,123 SF
Gross rent
$40.4K $36.00/SF
− Vacancy
−$2.7K −$2.41/SF
EGI
$37.7K $33.59/SF
− OpEx
−$17.0K −$15.11/SF
NOI
$20.7K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,920
Cap Rate 7%
$296,371
Cap Rate 9%
$230,511
Alternative Uses
Best Use
Apartment 5plus
$296.4K
$259.3K – $345.8K
NOI $20,746 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$758.0K
$663.3K – $884.4K
NOI $53,062 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Rented duplex-zoned property with an existing one-year lease in Miami.
Where is this multifamily property located?
The property is located at 854 NW 76 ST Miami, FL.
What is the asking price?
The asking price for this property is $505,000.
What are key features of this property?
This property features: Certified Duplex zoning; Currently rented under a 1‑year lease; Property size: 1,123
