Duplex with
For Sale
$1,099,000
Miami, FL 33133, Miami, FL 33133
Residential Income, Miami, FL
Property Size2,974 SF
Lot Size0.16 Acres
Price / SF$369.54
Days on Market52
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Parking
6
Patio and Porch features
Patio
Exterior features
Patio
Lot features
Oversized Lot
Subdivision
AVALON SUB
Standard status
Active
Size
2,974 SF
Lot size
0.16 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14609
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air, Ceiling Fan(s)
Building Details
Year built
1924
Floors in Building
1
Flooring type
Tile - Ceramic, Terrazzo
Building materials
Block, Stone
Roof type
Shingle, Flat
Listing Agency:
Florida Capital Realty
(786) 953-5870
Listed By:
George Gil · License #3310528
(786) 346-2406
Added: Sep 10
Changed: Oct 30
Last Checked: Oct 31 at 5:06PM
MLS# A12072468
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 legally established duplex is fully occupied and configured as a multi-unit rental property. A permitted rear expansion was completed in 1984. The building has block and stone construction, ceramic tile and terrazzo flooring, central heating and air conditioning, and a patio. Its flat, shingle roof was replaced three years ago.
The property occupies an approximately 6,953-square-foot lot in the Coconut Grove area, with parking on site. Public sewer service and cable availability are noted.
The property occupies an approximately 6,953-square-foot lot in the Coconut Grove area, with parking on site. Public sewer service and cable availability are noted.
Key Highlights
- Legally established duplex with a fully occupied multi‑unit rental stream
- 5.17% initial cap rate
- Permitted rear expansion completed in 1984
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,645
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,192,900
$1.2M
Cap Rate 7%
$852,071
$852.1K
Cap Rate 9%
$662,722
$662.7K
Market Conditions
NOI Build-Up for 2,974 SF
Gross rent
$91.0K $30.60/SF
− Vacancy
−$5.8K −$1.95/SF
EGI
$85.2K $28.65/SF
− OpEx
−$25.6K −$8.60/SF
NOI
$59.6K $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%
$1,192,900
Cap Rate 7%
$852,071
Cap Rate 9%
$662,722
Alternative Uses
Best Use
Multifamily LT 5
$852.1K
$745.6K – $994.1K
NOI $59,645 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$784.9K
$686.8K – $915.7K
NOI $54,940 @ 7.0% cap · market cap 5.00%
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.34M
NOI $140,523 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,400
Businesses Nearby
Explore this area
Business Placement
Demographics for 33133, FL
34,141
Population
17,235
Households
2
Avg Household Size
43
Median Age
62%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
8,129
Density / Sq Mi
$92,734
Median Household Income
$58,233
Median Earnings
$1,945
Median Rent
$906,800
Median Home Value
Check the figures for this property
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?
Duplex - Fully occupied, legally established duplex with an active multi-unit rental stream.
Where is this duplex located?
The property is located at Miami, FL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Legally established duplex with a fully occupied multi‑unit rental stream; 5.17% initial cap rate; Permitted rear expansion completed in 1984
