2-Unit Duplex
941 NW 102nd St, Miami, FL 33150
For Sale
$700,000
Residential Income, Miami, FL
Property Size2,212 SF
Price / SF$316.46
Days on Market50
Property Features for 941 NW 102nd St
General Information
Property type
Property subtype
Zoning description
Parking
Subdivision
Lot features
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
The Pearl Realty Group
(844) 484-3774
Listed By:
William Jones · License #3272080
(954) 494-4139
Added: Sep 21
Changed: Oct 27
Last Checked: Nov 9 at 8:06AM
MLS# A12084370
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.
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Investment Insights
Based on property information with market context.
This Miami duplex contains 2,212 square feet arranged as two residential units within a 1969 block-built structure. The property features tile flooring, central air conditioning, a wall furnace, shingle roofing, cable availability, and public sewer. A separate area outside the primary two-unit layout may offer the possibility of an efficiency conversion, subject to buyer verification of zoning and permitting requirements.
The property is located at 941 NW 102nd St in Miami’s Pinewood/West Little River corridor, near Miami Shores and with access to I-95. The surrounding context includes shopping, supermarkets, parks, and public transit, while Wynwood, the Design District, and Downtown Miami are also identified as nearby destinations. The property is zoned for Van E. Blanton Elementary, Madison Middle, and Miami Central Senior High.
The property is located at 941 NW 102nd St in Miami’s Pinewood/West Little River corridor, near Miami Shores and with access to I-95. The surrounding context includes shopping, supermarkets, parks, and public transit, while Wynwood, the Design District, and Downtown Miami are also identified as nearby destinations. The property is zoned for Van E. Blanton Elementary, Madison Middle, and Miami Central Senior High.
Key Highlights
- 2,212‑square‑foot duplex with two residential units
- Built in 1969 with block construction and shingle roofing
- Separate area may allow efficiency conversion; buyer to verify zoning and permitting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,363
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,260
$887.3K
Cap Rate 7%
$633,757
$633.8K
Cap Rate 9%
$492,922
$492.9K
Market Conditions
NOI Build-Up for 2,212 SF
Gross rent
$67.7K $30.60/SF
− Vacancy
−$4.3K −$1.95/SF
EGI
$63.4K $28.65/SF
− OpEx
−$19.0K −$8.60/SF
NOI
$44.4K $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%
$887,260
Cap Rate 7%
$633,757
Cap Rate 9%
$492,922
Alternative Uses
Best Use
Multifamily LT 5
$633.8K
$554.5K – $739.4K
NOI $44,363 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$583.8K
$510.8K – $681.1K
NOI $40,863 @ 7.0% cap · market cap 5.84%
Theoretical Best
Specialty Retail
$1.49M
$1.31M – $1.74M
NOI $104,518 @ 7.0% cap · market cap 14.93%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
805
Businesses Nearby
Explore this area
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
$377,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Block construction, tile flooring, central air, and public sewer serve the existing residential configuration.
Where is this duplex located?
The property is located at 941 NW 102nd St Miami, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 2,212‑square‑foot duplex with two residential units; Built in 1969 with block construction and shingle roofing; Separate area may allow efficiency conversion; buyer to verify zoning and permitting
