For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Lot Duplex with Buildable Space Title is generated by Realmo AI

    Miami, FL 33147, Miami, FL 33147

    View on Map
    Claim this Listing
    For Sale
    $650,000

    MULTI_FAMILY - Miami, FL

    Property size:
    1,917 SF
    Price / SF:
    $339/SF
    Added:
    Mar 2, 2026
    Days on Market:
    128
    Last Refresh:
    Jul 8 at 10:06 am

    Property Features

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Rooms
    Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4
    Parking
    8
    Security features
    Security
    Window features
    Drapes
    Patio and Porch features
    Porch
    Exterior features
    Fence, Fruit Trees, Outdoor Grill, Porch, Storm/Security Shutters
    Fencing
    Fenced
    Standard status
    Active
    APN
    30-31-03-013-0690
    Size
    1,917 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    EAST GULFAIR PB 42-47 LOT 1 LESS E150FT BLK 6 LOT SIZE 160.000 X 110 OR 16598-3020 1194 4 COC 22354-2613 05 2004 4
    Tax Annual Amount
    5283

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1952
    Floors in Building
    1
    Flooring type
    Tile, Laminate
    Building materials
    Block
    Roof type
    Shingle

    We can help!

    Contact an agent
    Oneida Evans

    Listing agent Oneida Evans License #0648170

    Listing office Beachfront Realty Inc 18205 Biscayne Blvd Ste 2205, Miami Beach, FL

    Listing date Mar 2, 2026

    MLS# A11888593 Listing URL

    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.

    HighLights

    • 1952‑built block duplex on a corner lot with fenced outdoor space
    • Each unit has washer/dryer hookup and separate electrical meters
    • Central heating and central A/C plus ceiling fans throughout
    • Tile and laminate flooring, with storm/security shutters and a porch
    • Public water and septic tank sewer
    • Shingle roof; includes fenced yard, fruit trees, and an outdoor grill

    Overview

    This for-sale duplex features two bedrooms and two bathrooms per unit and is situated on a corner lot. The property includes washer/dryer hookups in both units and has separate electrical meters, supporting privacy and independent utility billing. The lot is described as oversized or huge, providing land area that may allow for additional development.

    Located in Miami, Florida (33147) in Miami-Dade County, the property is available for showings by appointment only. The seller indicates that appointments can be scheduled with 24 hours’ notice on weekends.

    This configuration can fit buyers looking for a two-family setup or income-oriented ownership with two separately metered units. The duplex layout provides two complete residential units within one property, while the larger corner lot adds flexibility for future plans, subject to applicable requirements. Buyers should coordinate directly with the listing broker to confirm details through the appointment process.

    Local 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 $58.7k $30.60
    − Vacancy −$3.7k −$1.95
    EGI $54.9k $28.65
    − OpEx −$16.5k −$8.60
    NOI $38.4k $20.06
    1,917 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $549.2K
    $480.6K – $640.8K (±1% cap)
    NOI $38,446 @ 7.0% cap · market cap 5.91%
    Second Best
    Apartment 5plus
    $505.9K
    $442.7K – $590.2K (±1% cap)
    NOI $35,414 @ 7.0% cap · market cap 5.45%
    Theoretical Best
    Specialty Retail
    $1.29M
    $1.13M – $1.51M (±1% cap)
    NOI $90,579 @ 7.0% cap · market cap 13.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Gym & Fitness Center HVAC Service Hotel & Motel Parking Lot & Garage Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.237838
    Latitude
    25.861351

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex on a corner lot with separate electrical meters and washer/dryer hookups.
    Where is this duplex located?
    The property is located at Miami, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 1952‑built block duplex on a corner lot with fenced outdoor space; Each unit has washer/dryer hookup and separate electrical meters; Central heating and central A/C plus ceiling fans throughout
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message