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Duplex with Impact Windows

Miami, FL 33150, Miami, FL 33150

For Sale
$530,000
Under Contract

Residential Income, Miami, FL

Property Size1,473 SF
Price / SF$359.81
Days on Market98

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 5700
Bedrooms 3
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking 5
Security features Security
Exterior features Security/High Impact Doors
Lot features < 1/4 Acre
Subdivision WEST BISCAYNE
Standard status Active Under Contract
Size 1,473 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6313

Utilities

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

Building Details

Year built 1949
Floors in Building 1
Flooring type Hardwood, Wood, Tile
Building materials CBS (Concrete Block Structure), Block
Roof type Shingle
Listing Agency: NB Elite Realty
Listed By: Jorge Zubizarreta LLC · License FL #0635656
Added: Aug 5 Changed: Nov 10 Last Checked: Nov 10 at 10:06PM
MLS# A12066314

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Miami duplex contains 1,473 square feet across two residences. One unit has 2 bedrooms, 1 bathroom and a den; the other has 1 bedroom and 1 bathroom. The rear residence was gutted and rebuilt, and both units have been updated. Construction is concrete block, with wood, hardwood and tile flooring. Central heating and air conditioning serve the property, which also has security impact doors and a shingle roof installed 3 years ago.

Public water and septic service the property. Cable is available.

Key Highlights

  • 1,473 square feet across two residences
  • Unit mix includes 2 bedrooms, 1 bathroom and a den, plus 1 bedroom and 1 bathroom
  • Rear residence was gutted and rebuilt; both units have been updated

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,542
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,840 $590.8K
Cap Rate 7%
$422,029 $422.0K
Cap Rate 9%
$328,244 $328.2K
Market Conditions
NOI Build-Up for 1,473 SF
Gross rent
$45.1K $30.60/SF
− Vacancy
−$2.9K −$1.95/SF
EGI
$42.2K $28.65/SF
− OpEx
−$12.7K −$8.60/SF
NOI
$29.5K $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%
$590,840
Cap Rate 7%
$422,029
Cap Rate 9%
$328,244

Alternative Uses

Best Use
Multifamily LT 5
$422.0K
$369.3K – $492.4K (±1% cap)
NOI $29,542 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$388.7K
$340.1K – $453.5K (±1% cap)
NOI $27,211 @ 7.0% cap · market cap 5.13%
Theoretical Best
Specialty Retail
$994.3K
$870.0K – $1.16M (±1% cap)
NOI $69,600 @ 7.0% cap · market cap 13.13%
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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

965
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
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Market

Average Price Trend$/SF for Duplexes in Miami, FL

$484 Jul
$479 Aug
$469 Sep
$471 Oct

Properties on Market for Duplexes in Miami

Jul
Aug
Sep
Oct

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 separate residences offer a 2-bedroom layout with a den and a 1-bedroom layout.
Where is this duplex located?
The property is located at Miami, FL.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 1,473 square feet across two residences; Unit mix includes 2 bedrooms, 1 bathroom and a den, plus 1 bedroom and 1 bathroom; Rear residence was gutted and rebuilt; both units have been updated
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